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Get your taxes done using TurboTax
I agree with the frustration that turbo tax will not show how the interest was calculated for, I am guessing but do not know, possible late on estimated payments penalty. Turbo has clearly calculated one but does not show how or why and I disagree with the conclusion that a penalty is due. Turbo tax needs to show how and why it calculated penalty interest. A response that the IRS publishes how to calculate one is not very useful.
Tuesday