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After you file
TT calculates an estimated underpayment penalty based on your entries in the program however the feds & state reserve the right to access a final underpayment penalty, late filing penalty, late paying penalty, plus interest based on the info they have and when the balance due was actually paid. https://www.irs.gov/individuals/understanding-your-cp14-notice
‎June 7, 2019
5:59 PM