- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Estimated Tax Pyment underpayment penalty
Hello,
TT is figuring an underpayment penalty for my federal estimated tax for 2023, even tough it calculates a federal refund for my taxes. The tax payments I made for 2023 exceeded the 90% of 2022 taxes.
I'm in one of the counties that had an automatic disaster relief tax extension for 2023 from April 15 to October 16, so I made the 3 payments due in 2023 on September 15 2023. Because of this it calculates an underpayment penalty for the estimated payments due on 4-15-2023 and 6-15-2023.
How do I get this corrected since part of the disaster relief the estimated payments were also postponed?
Thank you
Topics:
‎April 7, 2024
3:00 PM