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Underpayment Penalties
I received a notice in turbotax: "You have a penalty of $XXX for underpayment of your estimated taxes. The balance due on your return includes this penalty."
Question - I did not sell any investments this year, it is just my W-2, however, that includes stock grants that increased by income. Why am I being penalized for that?
‎February 7, 2024
10:03 AM