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slckevin
Level 2
Apr 14, 2023 12:27 AM UTC
Question

help

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

    3 replies

    chrisgtr
    Level 2
    Apr 14, 2023 12:32 AM UTC

    You are not giving much information. 

    slckevinAuthor
    Level 2
    Apr 14, 2023 1:14 AM UTC

    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?

    ShirlynW
    Level 8
    Apr 14, 2023 3:20 AM UTC

    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.

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