I used TurboTax Home & Business to prepare and file a 2022 return for a family member who is employed full time and has taxes withheld via W-9 and gets monthly W-2's. Ended up with an underpayment of taxes over $8,000, and TT calculated a penalty of $239. Decision was made to file and pay underpayment plus penalty on 03/31/2023. Accepted and processed by IRS.
Just (04/26/2023) received notice from IRS that entire underpayment penalty will be returned, look for check in 4-6 weeks.
How it that possible?
