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I was disappointed that I have to pay a penalty for not making 1/4ly pymts and that turbotax didn't tell me how to avoid this in the future. Is turbotax able to do this?
I started computer consulting two years ago. I've been escrowing my own tax withholding and made my tax payment for 2018 in February but turbotax said i would owe a penalty. Turbotax didn't indicate how this could be avoided in the future. For that matter, i consulted a CPA about my taxes just to have a level of comfort and they also did not indicate i would have to make quarterly payments. I received my penalty bill in the mail today and I would like to know how to avoid this situation in the future.
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‎June 3, 2019
4:44 PM