Where do i find the Annualized Income Installment Worksheet?

[sandysinlge11]

I do not want to use the Annualized Income Installment Worksheet

[RobertB4444 · Accepted solution]

If you'll go over to "Other Tax Situations" on the right side at the top of the screen and then scroll down to "Underpayment Penalties" you will be able to annualize your income there.  

That involves breaking your annual income up by quarters.  If you earned a significant portion of your income in the latter part of the year you may be able to reduce or eliminate your penalties by doing this.  

If all your income was earned evenly through out the year then this worksheet will not benefit you and you don't need to use it.

@sandysinlge11