Well, this appears to be a popular topic.
I'm at the "Other" section of the tax form, and it claims I have an estimated taxes underpayment penalty, while I'm also getting a refund many times greater than the penalty. 🤔 Every year, I adjust my final estimated tax payment if investment distributions are greater than predicted (which distribute at the end of the year), specifically to avoid an underpayment penalty and the pain of annualizing income. For the initial estimated tax computation, I calculate and pay based on 100% of the coming year's income (using regression analysis).
I don't understand...
