A Surging IRS Penalty Is Costing Americans Billions. Here’s How to Avoid It.
The way to tackle this dilemma is to file IRS Form 2210 and Schedule AI, which tells the IRS in what quarters income was ...
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Your Questions on Paying Estimated Taxes, Answered
To avoid the assessment of an underpayment penalty, the taxpayer should submit Form 2210. Be sure to complete the part of it called Schedule AI, which will match the income and the tax payment.