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Turbotax handling of deferred estimated tax payments for 2023
In 2023, we were allowed to delay our estimated tax payments until October for our Federal and State taxes in most of California, yet if I put the quaterly payments all paid in October, Turbotax calculates a penalty for underpayment. Should I just enter the payments as being paid quarterly instead of the 3 quarters all paid legally in October because the government gave us that option last year so that it does not calculate and include penalty charges?
‎February 2, 2024
11:17 AM