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Form 2210 Penality
I file my taxes as Trader and my income is uneven and I only know about full taxes and estimated payments by Aug/Sept as I have to file late due to K3.
My overall tax payments were little more than estimated tax (110% of last year tax) but to un evenness, TT is showing 2210 Penalty. As a matter of fact IRS was sitting on my refund which I only got in Dec 2023.
Can I avoid this penalty and how with Turbo Tax software?
‎April 11, 2024
9:06 PM