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Get your taxes done using TurboTax
Okay thanks for that information. We did already pay for the IRS bill sent to us with a small penalty. Thanks for clarifying the year for which it gets applied to as that is helpful. We are mainly concerned that since he had errors from what we owed and we paid it with a penalty then how can we be sure that the estimates going into this year are accurate? We also had additional money to be held from income for taxes going into this year and we hope that will reduce our estimates. Should it have that effect and should the estimates be reduced because of that?
May 15, 2025
6:40 PM