topic Hi, can anyone tell me why I would be charged a penalty/interest payment for my return? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533213#M907888 I do owe for taxes this year, but didn’t think I would be penalized for paying on time. Mon, 09 Mar 2026 04:36:36 GMT ray1893 2026-03-09T04:36:36Z Hi, can anyone tell me why I would be charged a penalty/interest payment for my return? https://ttlc.intuit.com/community/taxes/discussion/hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533213#M907888 I do owe for taxes this year, but didn’t think I would be penalized for paying on time. Mon, 09 Mar 2026 04:36:36 GMT https://ttlc.intuit.com/community/taxes/discussion/hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533213#M907888 ray1893 2026-03-09T04:36:36Z Re: Hi, can anyone tell me why I would be charged a penalty/interest payment for my return? https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533225#M907891 <P>The IRS may assess a penalty if you owe more than $1,000.&nbsp;</P> Mon, 28 Feb 2022 22:52:14 GMT https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533225#M907891 Bsch4477 2022-02-28T22:52:14Z Re: Hi, can anyone tell me why I would be charged a penalty/interest payment for my return? https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533240#M907897 <P>Even if I pay in full by Apr 18?</P> Mon, 28 Feb 2022 22:54:25 GMT https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533240#M907897 ray1893 2022-02-28T22:54:25Z Re: Hi, can anyone tell me why I would be charged a penalty/interest payment for my return? https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533376#M907949 <P>Yes. The US tax system is "pay as you go."</P> Mon, 28 Feb 2022 23:31:27 GMT https://ttlc.intuit.com/community/taxes/discussion/re-hi-can-anyone-tell-me-why-i-would-be-charged-a-penalty-interest-payment-for-my-return/01/2533376#M907949 SweetieJean 2022-02-28T23:31:27Z