Does desktop turbo for individuals suggest and calculate forms for penalties and requests or advise the best penalty waiver to request, like online does?

[user17522735386]

I'm having to go back and do 2023 taxes,  but cannot use forbidden tax online anymore even though TT and I almost completed the 1040 on time.  It's just been complicated,  both in tax world and in real- life,  so I'm looking at how Turbo Tax approached taxes owed over $1k in the past and it varied.  I never realized TT calculated requests on penalty waivers, and there appears to be more than 1 way which should be calculated before deciding which is the best to request.  

Will the desktop version do this for me as well,  or will i need to go through each of the plausible options and hand crank them,  research them,  etc., myself?  (I was not aware TT had done this.  Now I'm so grateful they did. ) 

Thanks!!

[xmasbaby0]

If you are just filing a late 2023 return and owe tax due, you are subject to late filing penalties and interest owed for the amount of tax due.  TurboTax will not calculate that.   When the IRS receives your return and your payment for the amount of tax due as shown on your tax form, they will bill you for the additional amount owed for penalties and interest.

 You will be able to access the 2023 return you started by using the exact same account and user ID that you used when you started it.   But you can no longer use online software for any further changes.

Start a 2024  return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.

Online tax preparation and e-filing for 2023 returns is now permanently closed.

Now it is too late to use online software or to e-file. If you have any changes/corrections at all to make to your 2023 return, you now have to complete it using desktop software, which you must download to a full PC or Mac  (not to a mobile device).Then you need to print, sign and mail it.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/printers-printing/finish-prior-year-retu...

If you already paid for your online software you can ask customer support for a download of the desktop software.

They are available from 5 a.m. to 9p.m. Pacific time Monday - Friday

https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number

If you are getting a refund, there is no penalty for filing late.  If you owe tax due, then file and pay the amount due as shown on the Form 1040, but expect a bill later from the IRS for the penalty and interest you will owe.  Only the IRS will calculate this—TurboTax will not calculate it.

When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.

Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.