For Tax Year 2024 I was charged a penalty based on "Failure to pay proper estimated tax".
For purposes of example my Total Tax was $8,000...my total payments for 2024 (Tax withheld, Estimated tax payments, and Amount Owed as calculated by TurboTax) = $9,000.
I believe penalty owed was in error as my Total Tax was less than my Total Payments...what am I not seeing ?
