I'm married, filing jointly with high income. I withheld 117% of my 2024 total tax (including estimated taxes paid) for 2025 and still own more. TT initially calculated an underpayment penalty of $404. I even went through the annualized calculations and reduced the penalty to $230. I was not able to find a way to select the exemption for paying more than 110% of my prior year taxes even though TT clearly knows those figures.
Is there a way to force the "more than 110%" exemption to eliminate the penalty?
I've been using TT since 1997 so it's not like I'm new to this.
