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zinsco
Returning Member

Why did California refund my underpayment penalty

I owed $610.00 for my California state return. Turbo Tax said I had to pay a $7 penalty for underpayment so I did.  Why did they send me a check and refund me the $7?  Was Turbo Tax wrong?  I paid $48.00 penalty on my Federal return for owing $3124.00.  Am I gonna get a check from the Fed for the $48.00?

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Why did California refund my underpayment penalty

Turbotax calculates estimated tax underpayment penalties based on what you entered. call the state to find out since we have no access to that info. no one can tell you about the IRS except the IRS.. 

 

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