Hello! Thanks for the helpful information Gabriella.
I figured out my estimated tax, but I just have some questions before I make an online payment. I actually missed the first 2 quarters of the quarterlies before I realized there's something called a quarterly, since I didn't pay, I know I have a penalty. However, I found out that there was an extension for disaster areas for the previous quarterly, and I can pay my previous quarterly(3 all together) on September 16. The IRS and the Franchise Tax Board have different information: Orange County, where I am located, is not in the IRS disaster zone while the FTB has Orange in its information.
https://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-severe-winter-storms-flooding-l...
https://www.ftb.ca.gov/about-ftb/newsroom/news-releases/2023-13-january-tax-relief-for-winter-storms...
So I just want to know if I am qualified under the relief.
If the situation is that I do not fall under the relief and I have to pay this September 15, do I just pay for the penalty amount when I file for taxes in April 2024? If that's true, can I also apply for penalty relief if this is my first time?
https://www.irs.gov/payments/penalty-relief-due-to-first-time-abate-or-other-administrative-waiver
Hope to hear back soon!
