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Deductions & credits
I owe $9***n in tax this year. Again because of a stock sale/capital gains event. That is clearly over the $1000 lower limit that is suggested to generate an "underpayment penalty" Since I did not know/foresee in 2019 that I would be selling stock and owing capital gains in 2020, Will I be charged an underpayment penalty?
Is there any way to avoid an underpayment penalty?
March 21, 2021
12:23 PM