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Level 2
posted May 31, 2019 6:26:35 PM

Is it too late to avoid an underpayment penalty for 2016?

I'm in a position in which I believe I'll have an underpayment penalty when I file in April.  Is there anything I can do now to avoid that penalty?

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1 Replies
Alumni
May 31, 2019 6:26:37 PM

It's not too late to avoid it for the last quarterly payment.  Any penalty for underpaying the first three is already fixed.