1-I realized I should have payed a penalty for underpayment last year, I thought TT would have alerted me, how do I pay this?
2-last year TT printed out estimated tax vouchers that I paid through the year and Jan of 2021. I thought the amount was excessive but I wasn’t sure what my tax liability would be.
So this year I have a refund.
I will have to pay next year, I’m sure, so am I right in thinking that the payment from Jan 2021 will go towards my 2021 tax liability and maybe I won’t need to pay estimated taxes this year?
