Reply To: Required to pay estimated taxes based on unexpected / unforeseen income?

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#3240
dienerte
Participant

rc77z – The Motax response hits it on the head for sure. On the other hand, I have never been told by any taxpayer that I deal with that they received a penalty for under withholding (and I have seen numerous taxpayers owing more than $1,000 over the years). I think the IRS might have “bigger fish” to go after!