https://ttlc.intuit.com/community/taxes/discussion/under-payment-penalty/01/3686491#M1363621 <P>Test</P> Wed, 28 May 2025 16:35:03 GMT jvgonthier 2025-05-28T16:35:03Z https://ttlc.intuit.com/community/taxes/discussion/under-payment-penalty/01/3686491#M1363621 <P>Test</P> Wed, 28 May 2025 16:35:03 GMT https://ttlc.intuit.com/community/taxes/discussion/under-payment-penalty/01/3686491#M1363621 jvgonthier 2025-05-28T16:35:03Z https://ttlc.intuit.com/community/taxes/discussion/re-under-payment-penalty/01/3686555#M1363622 <P>The underpayment penalty is&nbsp;<SPAN>7% for underpayments (taxes owed but not fully paid).&nbsp; The IRS considers the tax system as a 'pay-as-you-go' system, so the payments are calculated by quarter.&nbsp; &nbsp;To avoid underpaying, you can either adjust W-2 withholdings or <A href="https://www.irs.gov/payments/pay-personal-taxes-from-your-bank-account" target="_self">pay estimated quarterly taxes here</A>.<BR /><BR />Thank you for joining us today&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5888062">@jvgonthier</a>&nbsp;, and if you have a more specific question we're standing by happy to assist!&nbsp; Please feel free to post again.</SPAN></P> <P>&nbsp;</P> <P><SPAN>Hope this helps!</SPAN></P> <P><SPAN>Cindy</SPAN></P> Wed, 28 May 2025 17:02:53 GMT https://ttlc.intuit.com/community/taxes/discussion/re-under-payment-penalty/01/3686555#M1363622 Cindy4 2025-05-28T17:02:53Z