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Minimize interest on underpayment of California estimated taxes
I made estimated tax payments for California in Apr and Jun 2024 that turned out to be too low for my forecasted 2024 taxes. Does it help if I make a payment now instead waiting until January when the next estimated payment is due? (will it reduce the interest charged on the underpayment). My AGI will exceed $1M so I am expected to pay at least 90% of the tax due.
‎August 6, 2024
4:22 PM