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No option to pay underpayment tax penalty or do annualized income installment on California state tax return for 2024
I received lots of capital gain in last week of December. Due to which I owe lot of tax to California and Federal.
For Federal section, there was tab for penalty, where I put annualized income installment to reduce penalty.
For California State section, I do not see any penalty added in software or in any of the California forms. I also can not see option to add annualized income installment manually.
Does anyone has seen this issue or know how to insert annualized income installment information to reduce the penalty ?
‎April 15, 2025
6:41 PM