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Unexpected State Refund
I used TT to file my taxes, as usual. I significantly under-withheld, and had a balance due of approx. $6,000 with my return. Turbo Tax calculated that I owed a penalty of $291, which was included in the amount due.
About 2 weeks after filing the return, I received a check from the State for $291, without any explanation - just a check.
Since the numbers match, I'd say this was obviously a refund of the penalty. But why did TT calculate that I owed a penalty when the State effectively rejected it?
2 weeks ago