I have not received any letter from IRS for penalty or other but I see an entry in my IRS account transcript like below esp. code 170.
| code 150 Tax return filed | 56609 |
| code 806 w2 or 1099 withholding | -45190 |
| code 610 payment with return | -11484 |
| code 170 penalty for not prepaying tax | 65 |
Do I have to pay entry called code 170, as it says penalty. When I add all transactions, all sum to zero.
