- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State removed my late penalty and refunded more than TurboTax calculated - what should I do?
I submitted my federal and state taxes with TurboTax. The state refunded more than TurboTax had calculated, and I'm wondering what I need to do to my TT file.
TurboTax calculated a $138 late payment penalty because I hadn't paid enough taxes earlier in the year. I got a notice from California:
We disallowed your direct deposit refund request because we changed your refund amount. (CODE: 15)
They didn't charge the penalty, so the check they sent included the $138.
Do I need to update my 2024 taxes in TurboTax to remove that refund so that it reflects what happened in 2024? Do I "amend" my return but not submit it again? Do I just edit it and save it? I want it to be correct when I use it to create my 2025 taxes.
Topics:
March 5, 2025
1:15 PM