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guler
New Member

Turbo Tax claims I owe $100 for underpayment of estimated taxes, but I do not estimate my taxes. What is this about?

 
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2 Replies
dvolkerding
Returning Member

Turbo Tax claims I owe $100 for underpayment of estimated taxes, but I do not estimate my taxes. What is this about?

Yes, estimated taxes were underpaid respective to the timing flow of taxes paid relative to income earned>
e0066334
New Member

Turbo Tax claims I owe $100 for underpayment of estimated taxes, but I do not estimate my taxes. What is this about?

They are saying that you should have filed estimated taxes and there is a penalty if you should but don't.
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