Investors & landlords

You may have an underpayment penalty because you had such a large increase in your income.

If you are responsible for an underpayment penalty, the program will automatically compute and add that amount to your return, and reduce any refund or increase your tax liability as applicable.  

Enter Underpayment Penalty here.

1. Open your return (if not already open).
2. Enter "underpayment penalty"  in the Search box.
3. Click on "Jump to underpayment penalty" link.