Thank you for your response but I still don get it. what do you mean by I did not pay the estimated quarterly taxes when they were due? Let's say I was due $1700 last year (2024 tax return) and paid the whole amount when I filed the tax return (Feb 2024).
Are you saying since my tax owed to fed was greater than$1,000 on 2024 tax return, I should've filed 1/4 amount of $1700 every quarter throughout the 2024 year?
If so, I should've paid the estimated tax ahead of the actual tax filing in Jan-Apr 2025 period?
