It is possible to have an underpayment in 2020, even though you got a refund in 2019.
If you are a W-2 employee, your employer may have withheld less tax this year than last year, due to Payroll Withholding changes.
Compare last year's W-2 with this year's W-2 for the amount of Federal Tax Withheld.
You may qualify for an Exception to the Penalty.
To visit the section where you can go through possible exceptions to the penalty, follow these steps:
- Login to your return and click "Take Me To My Return"
- Click "Search" in the upper right corner of your screen, then type "underpayment penalty" in the Search Box and click "Find"
- Click the "Jump To" Link
- From here, you can review the underpayment penalty and work through the possible exceptions
Click this link for more info on Underpayment Penalties.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
