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ewong3
New Member

New Mexico - underpayment penalty 2023

NM Taxpayer must be careful.  If NM tax balance due is over $1000, the underpayment penalty and interest must add, and can not be waiver.  

 

NM state says TTD and TTL is wrong.  I hope Intuit can fix the calculation.  DONOT mislead NM tax payers.

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