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re: Are Federal Tax Underpayment Penalties a Big Deal?

Posted on 4/9/24 at 11:43 am to SUB
Posted by VolSquatch
First Coast
Member since Sep 2023
2248 posts
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Posted on 4/9/24 at 11:43 am to SUB
The value of them not digging into your returns any further than they already do is worth the extra $200 you lose by not investing it
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Posted by SUB
Member since Jan 2001
Member since Jan 2009
20974 posts
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Posted on 4/9/24 at 12:20 pm to VolSquatch
Thanks fellas for the feedback. I forgot that the tax burden of $10K accumulates over time and VolSquatch's point is a good one. I'm going to increase withholdings to avoid future penalties.
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