If an individual taxpayer discovers that his or her original estimate for estimated tax payments was inaccurate, the taxpayer should continue to make payments based on the original estimate and pay any additional amount or request any refund when the tax return is filed.

Question

Quizplus · Accepted Answer

The taxpayer should adjust their estimated tax payments based on the revised estimate to avoid penalties and interest for underpayment.

If an Individual Taxpayer Discovers That His or Her Original