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Get your taxes done using TurboTax
I am assuming you believe this year you will owe more than $1,000 to federal. The associated penalty can be waived if you paid it at least as much as your tax bill last year, $6,466. Unless you are higher income, then you need to have paid in $7,311.
You may be able to avoid all penalties. See About Form 2210, Underpayment of Estimated Tax by Individuals, Estates and Trusts. You still have time to pay state and federal. Most states and the IRS accept payments online.
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‎December 30, 2021
12:21 PM