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Get your taxes done using TurboTax
So I'm guessing due to unemployment compensation that an insufficient amount of tax was not withheld so now it's my problem? So it's saying my penalty is $16 because someone else screwed up? It's not the amount, $16 but government and IRS getting out of hand that this is a 'penalty' instead of just adding the difference to what we are already paying in. Why the penalty for nothing we did wrong?
So my solution is to click the 'IRS to Figure Penalty Box' and wait for a separate bill from them?
‎February 21, 2021
12:54 PM