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Level 2
April 16, 2021
Question

Payment

  • April 16, 2021
  • 1 reply
  • 0 views

I filed my taxes and scheduled  payment to be withdrawn yesterday.   This did not happen.  Now it appears I have an $72.00 Interest/Penalty charge!

Please explain why my payment was not made and the $72.00 charge.

    1 reply

    Level 15
    April 16, 2021

    In a normal season, the IRS will debit your account on the date you specified or soon after.  We have had several reports of the IRS not debiting accounts on the scheduled date. Just be patient -- the IRS will take your money!

    Level 2
    April 20, 2021

    Why was I charged a penalty fee?

    Employee Tax Expert
    April 20, 2021

    Can you please explain where you are seeing the $72 charge so we can assist you?

     

    Is this a charge on the IRS website or something within TurboTax?

     

    If you had an underpayment penalty assessed, this would occur if you did not have enough withheld in income taxes throughout the year as you earned your income.

     

    Underpayment penalties

     

    If you have a charge on your TurboTax fees, please use the link below to contact us to discuss your account with an agent.

     

    Contact TurboTax

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