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maybe. there are rules to avoid penalties for not paying in enough taxes during the year.
There will be no federal penalties for not paying in enough taxes during the year if withholding
or
or
or
State laws differ. If there are underpayment penalties under the normal method you do have the option of using the annualized income method to see if that will reduce or eliminate the penalties
To avoid a penalty for underpayment of 2021 taxes, you should make an estimated tax payment to cover the taxes on the capital gain.
You are past the first three quarterly deadlines for the estimated payments but can pay the full estimate by January 15, 2022.
Here are IRS instructions, forms, and worksheets
Your state will also have their own estimate forms.
You can pay directly on the IRS website https://www.irs.gov/payments
Be sure to mark the right kind of payment and year.....2021 Estimate.
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