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us8
New Member

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

 
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1 Reply
MaryK4
Expert Alumni

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

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).  

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