Thanks.
I wouldn't have owed that much if the bank had done their job right. I always have used my IRA RMD as a QCD to lower taxes. Went to bank to get my RMD last year and no one there at the time knew what taking a RMD as a QCD meant or how to do it. I got a bit angry and said just do a regular RMD. I should have not got mad and went back later or to another branch office.
Anyway, I don't really mind giving them another $20.00 as penalty, hope they make good use of it. But I really didn't want to make quarterly payments, it just a pain to do it. I am retired and not self employed, so shouldn't be forced into quarterly payments. This year I will do the QCD as I have in the past and won't owe as much.
Just wanted to make sure that they didn't charge additional penalties for not doing the 1040-ES. Also, seems Turbo tax should have an option to make the amount on the 1040-ES different? But maybe they do for the business version, I have the Deluxe.
Thanks
