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Why am I getting a penalty for underpayment of estimated taxes? I paid my taxes in full last year. Help!
TT is telling me I have a penalty of $41 for "underpayment of estimated taxes". This has never happened to me before. I have never estimated my taxes. Is this a mistake? I'm completely confused and TT does not offer any help, nor does it explain it anywhere. I paid my tax bill for 2023 in full and on time last year. Any insight?
‎April 13, 2025
6:30 PM