Why is turbotax calculating a small underpayment penalty when I paid the IRS directly over 110% of my last year tax due? my AGI is over $150,000 married filing jointly but that is only due to a roth conversion in the fourth quarter.
I have entered the payment to the IRS in turbotax as other tax payment since it was not as estimated quarterly payment.
how do I get rid of the underpayment penalty?
