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Why is there an estimated tax penalty if I my withholding for 2016 was more than my tax liability in 2015?
An estimated tax penalty appeared on my return, apparently because I owe quite a lot. However, my withholding for 2016 was much more than my tax liability in 2015. Where does the program ask for my 2015 tax liability so it knows that I withheld at least 100% of 2015 taxes?
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‎June 1, 2019
12:04 AM