vidhi0007
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I don't wish to generate estimated taxes but I want to recompute my underpayment penalty. Is their a formula for calculating underpayment penalty?
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This is not an investment income from property either and I don't think Schedule E is right for hobby income.There should be a way for turbotax to give a third ...
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But I received income in box 2 of 1099 MISC, should I report it incorrectly on a different box?
Activity Feed for vidhi0007
- Posted Re: Redo underpayment penalty section on Get your taxes done using TurboTax. April 9, 2022 7:58 PM
- Posted Redo underpayment penalty section on Get your taxes done using TurboTax. April 9, 2022 12:28 PM
- Posted Re: Hobby income reported via 1099-MISC on Get your taxes done using TurboTax. April 9, 2022 12:26 PM
- Posted Re: Hobby income reported via 1099-MISC on Get your taxes done using TurboTax. April 5, 2022 8:39 PM
- Posted Hobby income reported via 1099-MISC on Get your taxes done using TurboTax. April 5, 2022 7:28 PM