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Business & farm
That's probably enough. For a underpayment Penalty, most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller.
‎August 28, 2024
1:00 PM