Nothing. It sounds like everything is correct. If you were subject to an underpayment penalty, it can be waived for the following reasons:
- The penalty is less than $1,000
- You paid 90% of your 2024 taxes due
- you paid 100% of your 2023 taxes due
One the the numbers on for underpayment penalty form is likely matching up with one of those other numbers. This is why you do not see anything on line 38. Without that form, you would have a penalty on line 38 being calculated.
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