I have complete my tax return for 2019. I notice an estimated tax penalty. Trying to figure out why i got it. The only predictable income i have is social security. I do get some interest and dividend and some capital gains. The amounts are unknown until the end of the yer. I have paid my estimated tax payments based on what I paid in taxes the previous year. I got that amount from TurboTax.
Main increase this year is capital gain near the and of the year.
So why do I have this tax penalty?
Thank you.
