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Get your taxes done using TurboTax
did you owe on your 2021 return? if you owe over $1,000 Turbotax will prepare protective estimates so you don't owe a penalty for 2022.
the rules
to avoid penalty your timely estimates and withholding must equal 90% of current year tax (2022) or 100% of prior-year (2021) tax (110% if your 2021 AGI was over $150,000)
also if you owe less than $1000 there are no penalties
‎February 26, 2022
11:21 PM