I paid CA estimated tax for 2024 based on the calculation from TurboTax, but I'm still asked by TurboTax to pay tax underpayment for CA. Any solution for this?
02833
2 Replies
MaryK4
Expert Alumni
Feb 23, 2025 3:46:23 PM
TurboTax calculates the estimated tax payments based on 100% of the tax shown on your 2023 tax return including Alternative Minimum Tax (AMT). These amounts may be different if you are a higher income taxpayer,
yangq
Level 2
Feb 26, 2025 3:09:36 PM
After awhile, the penalty disappeared! Everything is good.