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 Re: Topic 306
Posted by Carolyn Bodley on 2/21/21 12:49pm

Thanks Linda - phone dropped “0” and I didn’t notice. I have been filing quarterly payments since 1992. I just know that there have been years that when I had CPA file, or began using tax programs myself, a slight penalty has been automatically been added to the tax return for underpayment. It has always been a minimal amount. Once CPA told me it is added if you don’t pay at least 90% throughout the year and end up owing in April.
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