tk01kj
Returning Member

Get your taxes done using TurboTax

@DoninGA 

Will I get into trouble with the IRS due to mistakenly put myself as Exempt on my W4 then correcting it and paying estimated taxes directly to IRS by Jul 15? I honestly did not know and did so based on bad advice I got from someone.

 

For 2020, I’m hoping to avoid the penalty or minimize by paying 50% of my total federal tax by July 15 (even though it’s not through employer withholding) would this ensure I don’t have underpayment penalty