MG_214
Returning Member

1040X Amend payment

Hello Turbo Tax experts,

 

I had 2 W2s. The second one came in later. It is from the same company but since they changed their name so that is why I got 2 W2s. When I amend my 2nd W2 it showed that I owe an amount to the IRS so I created an Account with them but I did not see any outstanding amount as of yet. What If I decide to pay it later are there going to be penalties, if yes then how much would be the penalty, and how it would affect me?

 

Thanks!