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April 2, 2022
Question

How do i remove Underpayment Penalties? I have not employed anyone for providing services..still i am getting this message.

  • April 2, 2022
  • 1 reply
  • 0 views
Is this defect in Turbo Tax?

1 reply

April 2, 2022

Underpayment penalties are assessed if you don't withhold or pay enough tax on income received during each quarter. In fact, it's entirely possible to get hit with an underpayment penalty even though you paid your tax bill in full by the April deadline or are getting a refund.  See Why am I getting an underpayment penalty if I'm getting a ...for more information.