The amount of my 2024 California tax was $X. My 2025 total payment (witholding + estimate tax payment) was $(1.10645*X). According to CA's estimate tax requirement, there should be no underpayment panelty. However, my TurboTax calculated that I need to pay $24 panelty. Can somebody help me to find out how and where the panelty is calculated or is a mistake made by TurboTax?
Thanks!
