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stu9621j
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I owe IRS $750 from 2022?

I filed with Turbo Tax 2022 owed Federal $750 could not pay still owe am able to pay now.  What is Penalty and can I pay through turbo tax?
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I owe IRS $750 from 2022?

You don't pay Turbotax. the balance due including any penalties are paid directly to the iRS.

if you do not have a current notice you can call the iRS or create an ID.me account to review your account transcript

https://sa.www4.irs.gov/secureaccess/ui/?TYPE=33554433&REALMOID=06-0006b18e-628e-1187-a229-7c2b0ad00... 

 

there are various online tools to estimate your balance. if you underpay you get a bill from the IIRS for the balance or a refund check if you overpay

you have to option to submit payment online once ID.me account is created

https://www.irs.gov/payments 

or mail payment to the location that depends on your state of residence

https://www.irs.gov/businesses/small-businesses-self-employed/where-to-send-your-individual-tax-acco... 

 

 

if you filed late the penalty is 4.5% of balance due for each month late up to 5 months. you also owe a late payment penalty of .5%/month and a varying amount of interest.

 

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