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...
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...
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...