Vic M
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Thanks for replying with such detail. It sure is a PIA. The IRS should reword their underpayment text to indicate that each QTR must be met to avoid penalty for...
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what doesn't turbo tax just see that I paid 100% of prior year's taxes as the 4th qtr set tax payment of the current year (2024) and put a zero on the penalty l...
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You need to use form 2210 to get it done using Turbotax, but you don't have to pay in full before Jan15 according to the IRS:The Underpayment of Estimated Tax b...
Activity Feed for Vic M
- Posted Re: What is line 38 estimated tax penalty? on Get your taxes done using TurboTax. January 12, 2025 6:44 AM
- Posted Re: What is line 38 estimated tax penalty? on Get your taxes done using TurboTax. January 12, 2025 6:05 AM
- Posted Re: Estimated Taxes / 4th Q Roth Conversions / Penalties on Deductions & credits. January 11, 2025 1:39 PM