Funny part is that for my own taxes, I didn’t have any penalty to pay.
For my kid’s taxes I had to pay a $56/$24 federal and state penalty.
I forgot that she had a lot of dividend income from some Valero stock bought a long time ago when it was in the $20ies. So I got dinged by not paying any taxes on the dividend. I guess it’s ok since it’s on an auto-reinvest in shares plan. I wonder how much longer the dividends are going to last at this rate. Lol.
My kid is a lot luckier than me. It seems like my kid’s investments are doing a heck of a lot better, lol
