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If I owe IRS for 2020 and I am mailing my 2020 1040 now. How much should the check say? Interest and Penalties Question.

So I just did my 2020 federal taxes with turbotax desktop and I owe the IRS $21.00.

 

A) Mail them a check for $21.00

B) Can the interest & penalties be figured out now? Then mail them a check for the $21.00 + Interest + Penalties.

C) ?

 

 

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If I owe IRS for 2020 and I am mailing my 2020 1040 now. How much should the check say? Interest and Penalties Question.

No.  Just pay the Tax Due.   The IRS will bill you for any interest or penalty.  You can't figure it out.  

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1 Reply

If I owe IRS for 2020 and I am mailing my 2020 1040 now. How much should the check say? Interest and Penalties Question.

No.  Just pay the Tax Due.   The IRS will bill you for any interest or penalty.  You can't figure it out.  

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