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Retirement tax questions
The program computes an estimated underpayment tax penalty based on the information YOU entered into the program however the fed/state have the right to calculate an underpayment tax penalty based off the information they have on file and the amounts may not be the same. This is NOT a TT error and is not covered by the accuracy guarantee. The IRS/state may also calculate failure to pay & failure to file penalties plus interest and bill you for them.
May 13, 2023
3:27 PM