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dequeued t1_j2fkqdk wrote on December 31, 2022 at 10:22 PM

Reply to comment by yjlevg in Weekend Help and Victory Thread for the week of December 30, 2022 by IndexBot

You mean pay the full bill plus underpayment penalties?

Topic No. 306 Penalty for Underpayment of Estimated Tax

The current interest rate for underpayments is 6% (the underpayment penalty is based on the federal short-term rate plus 3 percentage points and it's updated quarterly).