- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Penalty on estimated payment
I sold a rental house in Dec of 2020. At the time of sale I paid an estimated state tax. The only place I can see to enter this is in the estimated taxes section, but when I do this it says I owe a penalty (presumably because the entire payment wasn't made until the 4th quarter, when the house was sold). How do I rectify this?
Topics:
ā€ˇFebruary 1, 2021
3:59 PM