The steps below should let you reach the annualized method for your underpayment.
Keep in mind that you could still have a small penalty since it was the first estimated payment you paid late. The penalty could cover from April 15th - June 15th, unless the annualization prevents it. The IRS system is 'pay as you go'.
Open your TurboTax Return before you begin to follow the steps below.
- Navigate to the underpayment penalty section:
- @kamull01
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