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Deductions & credits
@nykemajackson If you are referring to the Estimated tax penalty on the Form 1040 Line 38, that is based on your tax payments during tax year 2024. It has nothing to do with a declared disaster area.
Go to this IRS website for information - https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty
‎April 27, 2025
1:03 PM