There can be, if you are under-withheld or under-paid during the year. To avoid a penalty, you need to either,
1. owe less than $1000
2. have paid into the system at least 90% of what you owe for this year,
3. have paid into the system at least 100% of your tax liability from last year (110% in some cases).
Wait for the IRS to bill you, the penalty that Turbotax will calculate for you is almost always off be a few dollars anyway.
