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Was the underpayment penalty being charged?
So last year, I filed with TurboTax and the fed tax I owe is $5X,XXX, reading from Form 1040, field 37. And in field 38 the underpayment penalty amount is $1YYY and I chose to pay all these online with my checking account. But after looking into the transaction records from last year, I can see that $5X,XXX was charged by IRS, but I can not find any payment record of that $1YYY penalty. Does that mean I still owe IRS that penalty or I missed something here?
March 27, 2024
6:43 PM