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New Member
posted Apr 1, 2025 1:24:47 PM

Should there be an underpayment penalty in CA state when I only did business there ten days in 2024?

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1 Replies
Expert Alumni
Apr 1, 2025 2:09:09 PM

Yes, California is rather strict- if you did not make any estimated taxes, California applies the penalty unless you qualify for a safe harbor(paid 100% of the taxes paid the prior year).