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I wound up paying about $1000 to the Feds. There was no underpayment penalty. I don't mind
paying when taxes are due, a zero-interest loan in my opinion.

Turbotax has me paying quarterly estimated taxes this year. Is this really necessary? I can't find
any documentation that explains this.

Ignore them if your withholding is at least as much as your last year's taxes, or 90% of this year's or within $1,000 of it. TT spits those out to anyone owing taxes as a convenience, not mandatory. ed
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