Here's how the Tax Withholding Estimator can be helpful for, according to the IRS: Estimate your federal income tax ...

If the return is more than 60 days late, the minimum penalty is the amount listed or 100% of the underpayment, whichever is less. To avoid penalties and interest, you're still required to estimate and ...

The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In some cases, the taxpayer will want to file an amended tax ...