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Get your taxes done using TurboTax
If you use the 2020 100%/110% of actual taxes, you will not be assessed the penalty for underpayment of estimated taxes for the year.
There will be no penalty so there will be no interest. However, if you did not qualify for the penalty exclusion, you would not owe interest if you pay the penalty by the 2021 tax return due date.
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‎April 4, 2021
1:52 PM
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