- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You need to use form 2210 to get it done using Turbotax, but you don't have to pay in full before Jan15 according to the IRS:
The Underpayment of Estimated Tax by Individuals Penalty | |
You may avoid the Underpayment of Estimated Tax by Individuals Penalty if: | |
Your filed tax return shows you owe less than $1,000 or | |
You paid at least 90% of the tax shown on the return for the taxable year or | |
100% of the tax shown on the return for the prior year (5K for me), whichever amount is less. | |
To avoid a penalty, pay your correct estimated taxes on time. Find how to figure and pay estimated t... | |
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes |
‎January 11, 2025
1:39 PM