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In 2024 Georgia was impacted by a natural disaster which qualifies for the removal of an underpayment penalty. How do I remove the penalty in Turbo Tax software?
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As you walk through the underpayment penalty section, you will be asked if you lived in a qualified natural disaster area. Answer yes, and the penalty will be removed.
You will find this under
- Other Tax Situations
- Additional Tax Payments
- Underpayment penalties
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