You might be able to eliminate it or at least reduce it. You can go to Federal Taxes tab or Personal tab, under Other Tax Situations and select Start by the Underpayment Penalties. You will answer a series of questions that may reduce or eliminate the penalty. Or you can elect to have the IRS figure the penalty for you. It's form 2210.
It's under
Federal or Personal (for Home & Business Desktop)
Other Tax Situations
Additional Tax Payments
You need to enter estimates you paid? You probably won't have a penalty once you enter the estimates.
You can type estimates paid in the search box at the top of your return and click Find and it will give you a link to Jump To it.
OR
To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to
Federal on left or at top. Personal (Home & Business)
Deductions and Credits at top
Then scroll way down to Estimates and Other Taxes Paid
Estimated Taxes - click the Start or Update button
Underpayment Penalties - Click the Start or update button
