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?
01183
1 Best answer
WillK
Intuit Alumni
Jun 4, 2019 2:46:04 PM
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.
1 Replies
WillK
Intuit Alumni
Jun 4, 2019 2:46:04 PM
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.