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Need confirmation: No penalty on Q4 tax estimate if I pay tax in full by Jan 31 2025?
From IRS: "You do not have to make the payment due on January 15, 2025, if you file your 2024 tax return by January 31, 2025 and pay the entire balance due with your return."
Want to double check my understanding - No penalty on Q4 estimate tax if do what the statement suggested?
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‎January 11, 2025
8:56 AM