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Late Payment Penalty After Paying More Than 110% Of Prior Year's Tax
TurboTax 2025 Desktop, Windows 11
TurboTax is showing a Federal late payment penalty for 2025 even though I paid more that 110% of my 2024 tax due.
Details:
- I withheld Fed and State taxes from my RMD for 2025. Withholding from an RMD is considered as being received equally during the year.
- The withholding was not quite enough to exceed 110% of my 2024 tax due so I made a regular estimated tax payment on January 5, 2026. The total of the two exceeded 110% of the 2024 tax due.
- Shouldn't the sum of the RMD withholding and the Jan 5 payment have prevented the late payment penalty?
- The cause of the penalty is the Jan. 5 estimated payment as it is showing in the Form 2210 Underpayment Worksheet.
Looking for a way to remove the late payment penalty.
Thanks in advance.
‎February 7, 2026
12:05 PM