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2024 Estimated Taxes
I am concerned that I might have to pay a penalty for having missed the 1st 2024 estimated tax payment, because I did not see that Turbo Tax had calculated quarterly payments for me. For the 2nd estimated payment, I paid more than 5 times the amount on the voucher to my IRS account. For the 3rd voucher I paid more than 3 times the estimated payment, and for 4th voucher I will pay more than 3 times the the amount on the voucher. These payments will more than cover the tax due. Will I have to pay a penalty for missing the 1st payment? If so, how can I figure out how much it is?
‎September 25, 2024
11:49 AM