MinhT1
Expert Alumni

Get your taxes done using TurboTax

Most probably.

 

You'll need to have 0 tax liability in 2024 to avoid the underpayment penalty.

 

Having a refund does not necessarily mean that you have 0 tax liability. It means that your tax withheld and estimated taxes paid are more than your tax liability.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"