tjswnaka
New Member

Retirement tax questions

If I file an extension, will I have to include the penalty for not recharacterizing by April 15th?  I currently owe the Federal $2262 without the penalty.  If I include the penalty, I owe $2406.  When I file for an extension, I have to mail a check in the amount that I owe the Federal.  Should I paid the $2406 (with penalty) or $2262 (no penalty)?