Your scenario may not work because to determine a late payment of tax penalty, you would need to know the tax from the previous year. If you are working with a new tax return, not one carried over from the previous year in TurboTax, the program may assume your tax from the previous year was $0, in which case no estimated tax would be due even if the tax due at time of filing is more than $1,000.
@crash345u
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
