TurboTax does not calculate the late filing penalties or interest you will owe to the IRS or to the state when you file a tax return past the deadline. The penalties and interest are calculated by the IRS/state and you are billed after the IRS or state receives your return and your payment for the amount of tax due as shown on the tax form.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
