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Get your taxes done using TurboTax
Yeah, but if they don't withhold enough, there can be a penalty if not large enough to cover all...or owe more than another $1,000 at tax time....(with messy details as to how much is enough)
If it's a few $$ penalty, just move on and grumble.
___________
.....or if you are annoyed, and want to see if you can eliminate it or minimize it:
Then,,,go thru the Underpayment Penalty interview on the "Other tax Situations" page and see what happens to it.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 8, 2025
5:02 PM