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Claire446
Level 1

I underpaid my w/h this year & was charged a penalty. Turbo gave me qtly forms to pay ahead next yr. Can't I just increase my withholding instead of paying ahead qtly?

 
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VolvoGirl
Level 15

I underpaid my w/h this year & was charged a penalty. Turbo gave me qtly forms to pay ahead next yr. Can't I just increase my withholding instead of paying ahead qtly?

Yes.  The estimates are optional to pay and don’t get sent with your return so the IRS isn’t expecting them.

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VolvoGirl
Level 15

I underpaid my w/h this year & was charged a penalty. Turbo gave me qtly forms to pay ahead next yr. Can't I just increase my withholding instead of paying ahead qtly?

Yes.  The estimates are optional to pay and don’t get sent with your return so the IRS isn’t expecting them.

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