The IRS has expanded the safe harbor for underpayment penalty relief for a second time this tax season. Taxpayers who paid at least 80 percent of their annual tax liability throughout the year will not face underpayment penalties this year. Underpayment Penalty Rules...
IRS Penalties
IRS Waives Underpayment Penalty for Some Taxpayers
The IRS has waived the underpayment penalty for some taxpayers whose withholding or estimated tax payments resulted in an underpayment for the 2018 tax year. If you qualify, you should complete Form 2210 and submit it along with your tax return to receive the penalty...