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Get your taxes done using TurboTax
Well, it still shows I owe $259 in penalties. Maybe I should clarify that I rec'd int & div throughout year normally. It is just that there was additional int & divs rec'd specifically on 11/15/22 and in a K-1 I rec'd on 1/26/23. Up until these 2 events, I would have owed under the $500 limit in NH to have to pay estimated taxes. The Tax on Annualized income form you asked me to fill in doesn't even address the 11/15 date. The boxes are:
1/1 to 3/31/22
1/1 to 3/31/22
1/1 to 6/30/22
1/1 to 9/30/22
If I filled them in correctly, the first 2 have the same dates, so get the same amount. The 3rd is an accumulation of 1, 2 plus April to June? And the 4th gets the previous 3 plus July thru Sept.?
Where do I account for the 11/15 Dividend and the HUGE amounts on the K-1?
I guess I can't figure out how we are separating out the 1 events on 11/15/22 and 1/26/23 if they aren't part of the calculation?