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Get your taxes done using TurboTax
That's exactly why you are showing a penalty, because you did not pay estimated tax when it looks like you should have based on the information currently entered in the program. To see if you can remove the penalty, go through the interview for Underpayment of Estimated Tax under Other Tax Situations in the Federal Program. Information you enter there can eliminate the penalty.
‎June 6, 2019
9:23 AM