Did they change your return and add more income? Or are they billing you for a penalty? If you have other income that doesn't take out tax withholding then consider sending in quarterly estimated payments. Did Turbo Tax print out any estimates for you?
You must make quarterly estimated tax payments for the current tax year if both of the following apply:
- 1. You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits.
- 2. You expect your withholding and credits to be less than the smaller of:
90% of the tax to be shown on your current year’s tax return, or
100% of the tax shown on your prior year’s tax return. (Your prior year tax return must cover all 12 months).
The 1040ES quarterly estimates are due April 18 June 15, Sept 15 and Jan 17, 2023. Your state will also have their own estimate forms.
Here are the blank Estimates and instructions (the actual 1040ES forms are at the very bottom so scroll way down)
http://www.irs.gov/pub/irs-pdf/f1040es.pdf
You can pay directly on the IRS website https://www.irs.gov/payments
Be sure to pick the right kind of payment and year.....2022 Estimate
