TurboTax added a $456 Tax Penalty to my 2024 Taxes on Line 38. The underpayment amount was $1000, so the total I owe is $1456. This year, I used both TurboTax and FreeTax, as a comparison. FreeTax computed No tax penalty. So I think I'll file with them. I paid $63,000 of taxes in calendar year 2024, so my underpayment was very minor. Seems like a steep tax penalty that TurboTax calculates. 50% of payment due.
