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After you file
@JPM854 wrote:
I have calculated interest due to 09/15/2021 on underpayment of taxes due on 04/15/2021.
Taxes were due 5/17/21. The payment deadline was extended for this year only. Let the IRS calculate the interest.
@JPM854 wrote:
Where do I report the interest on my return?
There is no place on the tax return to report the interest. Just pay what the tax return says you owe (Form 1040 line 37). The IRS will send you a bill for the interest. If it's a small amount they might not bother collecting it.
‎August 26, 2021
9:43 AM
528 Views