rjs
Level 15
Level 15

Get your taxes done using TurboTax

Are you using TurboTax Online or the CD/Download TurboTax Software?


Are you talking about the "total tax" and "total payments" in the Tax Summary?


Look at your Form 1040. Do you have a $14 penalty on Form 1040 line 38? What looks like a discrepancy is caused by the way the Form 1040 is designed. Total tax is on line 24 and total payments is on line 33. But the actual difference between lines 24 and 33 doesn't appear anywhere on the Form 1040. The penalty on line 38 is not tax, so it's not included in the total tax on line 24. But it's added to the amount that you have to pay, which is on line 37.