why are my 2025 estimated taxes twice as high as my 2024 tax owed?
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It depends on a number of factors. TurboTax basis the estimate using the safe harbor guidelines.
The underpayment penalty will be assessed if any of these apply:
To avoid the under payment penalty:
"Typically, underpayment penalties are 5% of the underpaid amount, and they're capped at 25%.
Underpaid taxes also accrue interest at a rate that the IRS sets annually."
To avoid this situation it is recommended that you adjust your W-4 with your employer or pay estimated taxes.
Underpayment of Estimated Tax by Individuals Penalty
i.e., you might need to go back thru the Estimated taxes preparation Q&A area again. You may have misstated something, like put in a too-high expected income amounts, or entered the wrong total for your "Expected" automatic withholding amounts.
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