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Get your taxes done using TurboTax
Income taxes are pay as you go. If you don't have enough withheld during the year (or make sufficient estimated payments) so that you owe more than $1000 when you file, you can be assessed a penalty for underpayment throughout the year, even if you pay in full when you file. See this for more,
If you did not owe more than $1000, the letter may have been sent in error. Write to the office that sent the notice with your explanation and copies of any relevant documents.
‎July 25, 2024
8:18 AM