SharonD007
Employee Tax Expert

Get your taxes done using TurboTax

You can get hit with an underpayment penalty if you didn't pay the estimated quarterly taxes when they are due. Did you pay them by the due date?

 

You can contact the IRS to request a one-time abatement of your underpayment penalty. For individual tax returns, call 1-800-829-1040, 7 AM - 7 PM Monday through Friday local time.

 

For more information, refer to the TurboTax help article Guide to IRS Tax Penalties: How to Avoid or Reduce Them.

 

 Review ‌IRS topic 306, Penalty for underpayment of estimated tax for additional information. Also, review the TurboTax Help article Why am I getting an underpayment penalty?

 

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