Facing a large tax penalty of around $1000 because I forgot to pay Q4 estimated tax for a large bonus that came in December 2023. The bonus is around 100k. AGI is 300k. I am trying to put these numbers in the "Annualized Income Installment Worksheet", to simulate the 100k Q4 bonus . But all this does is eliminate the tax penalty. I want to pay it, but at some reduced amount like $500 .
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Statistics: Posted by knightrider — Wed Apr 10, 2024 12:38 pm — Replies 4 — Views 201