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We got a CP30 letter from the IRS in the mail stating we owe a penalty for not paying estimated taxes. Our taxes are withheld through our employers
We do not pay estimated taxes and never have. I recieved a small inheritance from my mother in 2024, which caused us to owe $11K in taxes which we paid prior to the April 15, 2025 deadline.
May 31, 2025
10:36 AM