@mjfkak wrote:
Same thing happened in Maryland. I just received a Tax Notice of a balance due. Here's the Break down
Balance Due for 2019 year...$1,667.27
Total payments, credits and offsets less previously issued funds...$1,667 (turbotax rounded down)
Interest for late payment of tax...$0.01
Interest for underpayment of estimated tax...$68.72
Total Balance Due...$69.00
This is all because of the $0.27 not paid. Does TurboTax pay for this?
Call the phone number on the notice you received from the state and they will remove the penalty and interest. It is ridiculous that you would be charged an underpayment penalty and interest on the taxes paid.
The IRS and all States allow rounding on a tax return.
