Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted May 13, 2025 1:21:03 PM

Does TurboTax Deluxe include non-payment of estimated tax during the tax year into the final calculation of tax due including any penalty?

0 1 4375
1 Replies
Level 15
May 13, 2025 1:39:18 PM

If you did not pay enough estimated taxes and/or you did not have enough taxes withheld from your wages, then your total tax payment will be less than your total tax liability and you will have taxes owed.

 

Your taxes owed will be on your federal tax return, Form 1040, on Line 37.  Any Underpayment Tax Penalty will be on Line 38 and the amount on Line 38 will be included in the amount on Line 37.