The penalty is calculated based on that you received the income evenly over the whole year. You can change the information to tell the program that a larger amount of income came in during the last part of the year and your penalty will decrease.
To make changes to the penalty go to:
- Federal
- Uncommon Tax Situations
- Additional Tax Payments
- Underpayment Penalties
Link to more information about 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"
