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Investment income received late in the year

I received investment income during 2016 but a lot of it arrived in December.   How do I go back and enter the dates on which I received investment income.   I think this will eliminate the penalty for underpayment.   Thanks
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1 Reply
RichardG
New Member

Investment income received late in the year

Please go to Federal Taxes>Other Tax Situations>Additional Tax Payments and go through the interview for underpayment penalties.  As part of that interview you'll select the annualized income method to potentially lower your penalty.

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