Hello,
Had a question about tax transcripts. I am filing for my wife's N400.
All previous tax returns have no issues, but for last tax year, I went into self-employment in addition to my regular job. Closer to filing deadline, it was a mess trying to figure out what I actually owe and get all the expenses together etc. so I filed for an extension and made an estimated tax payment. Found an accountant who specializes in my field, and finally got everything sorted and filed accurately in October before deadline. The tax liability turned out to be greater than the estimated tax I paid, so I was charged a "late tax penalty" with interest. My wife is strictly W2 but we file jointly. I set up a 6 month payment plan and paid it all off recently (3 months before due date of payment plan). My question is, will this affect GMC? The penalty was only a couple hundred, presumably because I didn't make estimated quarterly payments or my estimated payment at time of extension was not enough.
Thank you.