It depends.
The underpayment penalty is calculated if you do not have enough withheld in income taxes throughout the year as you earn your income.
You can try to reduce your underpayment penalty by following the tip at the bottom of the link below if you have not already.
Underpayment penalties
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
