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New Member
posted Feb 3, 2023 6:23:55 AM

Does my amount that i owe in taxes include the penalty? I’m trying to find the breakdown , but I cannot. I also want to confirm that my payment is set up and ready

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1 Replies
Expert Alumni
Feb 3, 2023 7:45:46 AM

If you're referring to your federal income tax penalty, the estimated tax penalty is on Form 1040, line 38. It's calculated on Form 2210.

 

To preview your 1040, see:

To see the account, routing number and date for the direct debit, it should be printed on your return. 

 

It's also on Part V of the Federal Information Worksheet. Scroll down for Direct Deposit or payment and banking information.

  • For the state, review the State Information Worksheet for payment and banking information

** If the check boxes are checked "NO" and your banking information is not displayed on the Information Worksheet, then the direct debit was not successful. 

 

To make a payment on the IRS website, see IRS payment portal