To answer your question, my 1040 line 38 for a penalty was blank (I did not owe any penalty).
I usually get Fed refund every yr because I deliberately choose to overpay tax payment every yr so that I dont owe tax & dont pay penalty for underpayment.
For your info, I used Turbo Tax for over 10 yrs &, before I used Turbo Tax, I did my own tax. It has NEVER happened to me in my entire life that IRS refunded more than Turbo Tax (& also before I used Turbo Tax) computed.
As I stated in my original post, my 2022 tax return deadline is Oct 2023 because I live in CA disaster area. But I filed my tax before April 18 because I was ready to file. The IRS refund was $10 (plus some cents). If it were interest, I still would expect an IRS letter in the mail, explaining it is interest or for whatever reason. So far, I waited for over 3 months, still no letter from IRS. I need to know how to handle this "$10, plus some cents" when I file 2023 tax by April 15, 2024!!!
Thank you for your reply.
