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It depends. It may be a lack of withholding to match last year's taxes. However the general rules are shown below for you to review against your return for 2022 and 2023 tax returns to see the difference.
Generally, you can avoid the penalty if your total timely estimated payments and withholdings are greater than or equal to the lesser of:
You can also avoid the penalty if the amount you owe is less than $1,000 as long as any estimated tax payments you made are timely.
Note: High-income taxpayers. If your adjusted gross income (line 11 of your 2023 Form 1040) is greater than $150,000 (or $75,000 if you're married and file a separate return from your spouse), you can avoid a penalty by paying at least 110% of your total tax from the prior year.
You can use the Preview My 1040 is you are using TurboTax Online (simply click on Forms in TurboTax Desktop)
On the menu bar on the left that shows.
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