If you paid 110% of your 2024 taxes, then you can go to the underpayment penalty section and answer the questions to have the penalty removed.
To do this select the following:
- Federal
- Other Tax Situations
- Underpayment Penalties under Additional Tax Payments
- continue through until you enter your tax liability for last year.
- Then if you paid in 2025 110% of your 2024 liability TurboTax will calculate that based on what you entered in the program earlier through W-2's or other payments, and you will then be told you do not have an underpayment penalty.
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