Hal_Al
Level 15

Get your taxes done using TurboTax

Probably. There are penalty exceptions. No under payment penalty is due if:

1. You owe less than $1000

or
2. Your withholding and credits were more than 90% of this year's tax

or

3.Your withholding and credits were more than  100% of the tax shown on your prior year’s tax return. 

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