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Does TurboTax automatically calculates underpayment tax?

 
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Anita01
New Member

Does TurboTax automatically calculates underpayment tax?

It automatically calculates a penalty based on your entries.  To make sure all the data is correct for the calculation, go through the underpayment penalty interview.  Type the words underpayment penalty in the Find box on the upper right, hit enter, then the JumpTo.

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