TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 2

Question

help

Forum|Forum|3 years ago
April 14, 2023
1 reply
5 views

need help understanding why paying so much. trying to complete using Turbo Tax getting frustrated....

Level 2

You are not giving much information.

Level 2

If I file for extension, what is the amount I need to pay upfront. my taxes are not done so I do not know the amount. What are the fees and penalties that I need to be concerned about?

Level 8

You estimate the taxes owed. Even if you can’t pay it all immediately, pay as much as you can. Penalties and interest are based on how much you owe and for how long. Late penalties can add 25% to your tax bill.

This "Help Article" discusses you situation.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"