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re: Are Federal Tax Underpayment Penalties a Big Deal?

Posted on 4/9/24 at 10:21 am to SUB

Posted by Hermit Crab

Under the Sea

Member since Nov 2008

7179 posts

Posted on 4/9/24 at 10:21 am to SUB

The $10k accumulates over the year, so you aren't earning 6% on the full $10k day 1.

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