MarilynG1
Expert Alumni

Get your taxes done using TurboTax

To possibly reduce or eliminate your underpayment penalty, open your return in TurboTax and search for annualizing your tax (use this exact phrase). This will take you to the underpayment penalty section and we'll take you through the steps to possibly reduce (or eliminate) what you owe, especially since your extra income is related to investment interest.

 

Here's more detailed info on Form 2210.

 

 

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