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tony-wilson
New Member

My 2015 federal tax total was $26,250 In 2016 I paid $26,252 in estimated payments as follows: 4/11 - $4,000 6/6 – $6,563 9/10 - $6,563 1/12 - $9,126 My 2016 completed r

My 2016 completed return includes a $33 Penalty/Interest Charge.  My total tax due for 2016 is $192 excluding the penalty amount.

Is that because of the April payment of $4,000?  Or what else happened to cause this?
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Accepted Solutions
WillK
Level 9

My 2015 federal tax total was $26,250 In 2016 I paid $26,252 in estimated payments as follows: 4/11 - $4,000 6/6 – $6,563 9/10 - $6,563 1/12 - $9,126 My 2016 completed r

It can be for two reasons: (1) The amount paid was not as much that should have been paid, or (2) The payment was made after the date it was supposed to be paid. 

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1 Reply
WillK
Level 9

My 2015 federal tax total was $26,250 In 2016 I paid $26,252 in estimated payments as follows: 4/11 - $4,000 6/6 – $6,563 9/10 - $6,563 1/12 - $9,126 My 2016 completed r

It can be for two reasons: (1) The amount paid was not as much that should have been paid, or (2) The payment was made after the date it was supposed to be paid. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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