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Get your taxes done using TurboTax
There are some situations where you can request a waiver of the penalty.
Go to 'Underpayment Penalty' under 'Other Tax Situations' where you can review the exceptions, and you'll be asked if you want to 'Annualize your income' to avoid future penalties.
Here's more info on Form 2210.
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March 25, 2025
3:40 PM