I checked out my IRS account. I owed $34 underpayment penalty evidently in the 2023 tax year. This was also reported on my IRS account transcript from 2023. This year the same underpayment penalty has jumped to $394. All unknown to me. Is this normal? Is the interest that high? Or is this a TT glitch of some kind? And why did I not get a 2210 in the forms from 2023, if I owed an underpayment penalty? I used the online version. My thinking at this point is to start using a professional tax account, and stop using TT.
