You may be able to reduce or eliminate your underpayment penalty by annualizing your tax. To do this:
- Launch TurboTax and search for annualizing your tax in t. box with the magnifying glass
- Select Jump to annualizing your tax
- TurboTax will ask you a series of questions which may reduce or eliminate your underpayment penalty.
For additional information, please review the TurboTax Help article Why am I getting an underpayment penalty?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
