Does turbo tax calculate penalties for taxes due on an amended return?

[user24801]

I am re-filing my 2015 return. I now have taxes due with the amended return. Does Turbo Tax calculate penalties for the taxes due? I don't see any on the return.

[DoninGA · Accepted solution]

No, the program does not calculate late payment or late filing penalties.  When the tax return is received by the IRS and processed, they will send you a bill in the mail for any penalties and interest owed.