In regards to footnote A), my taxes owned were 88% of my taxes paid in 2022. So it seems I'm subject to an IRS penalty. Reading it seems like the typical penalty is 0.05%. Confused if that's on the total amount owed this tax year. Otherwise not sure how that would be calculated as taxes withheld bi-weekly via our paycheck.
Tax year 2022 my spouse and I both received unexpected promotions.
