RG000
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My comments are not legal or professional tax advice, just been through it before. 🙂
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To avoid paying an underpayment penalty, you are required to either pay at least the amount of taxes paid on the prior year's return or 90% of the tax on your c...
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You need to pay at least90% of the tax on your current-year return or 100% of the tax shown on the prior year's return, to avoid the underpayment penalty for es...
Activity Feed for RG000
- Got Cheered for Re: I am not required to pay estimated taxes but as I do my review it says I have an underpayment penalty - how do I get rid of that. February 8, 2025 5:10 PM
- Posted Re: I am not required to pay estimated taxes but as I do my review it says I have an underpayment penalty - how do I get rid of that on Get your taxes done using TurboTax. February 8, 2025 5:09 PM
- Posted Re: I am not required to pay estimated taxes but as I do my review it says I have an underpayment penalty - how do I get rid of that on Get your taxes done using TurboTax. February 8, 2025 5:06 PM
- Posted Re: I am not required to pay estimated taxes but as I do my review it says I have an underpayment penalty - how do I get rid of that on Get your taxes done using TurboTax. February 8, 2025 4:41 PM