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Get your taxes done using TurboTax
Possibly, if your tax liability is less than $1,000 when you file there is no underpayment penalty assessed.
Since you have exceeded the amount of tax you paid last year you Qualify for the Safe Harbor Rules of paying at least 90% of the tax due on the prior year return or 110% of for the current tax return. If you have income greater than $150,000 Married Filing Joint or over $75,000 if filing as Single or Married Filing Separate.
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March 3, 2020
8:10 AM