Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Jul 6, 2020 10:37:49 PM

underpayment calculation method

I am calculating the possible underpayment for 2019. I got paid from my employer evenly throughout 2019, and each quarter I also made estimate the tax payment though I paid the estimated tax a little more in Q4 compared with other 3 quarters. Question is, can I choose between the annualized installment method and regular method freely and choose which ever method favors me even if I was paid evenly, the income tax was evenly withheld,  but I paid more estimate tax in the later part of the year?

0 1 135
1 Replies
Expert Alumni
Jul 7, 2020 11:57:04 AM

Yes, you can choose whichever method favors you.