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April3043
New Member

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

 
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4 Replies

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

The amount in box 38 is included in the amount of federal taxes owed or it reduces the amount of the federal tax refund.

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

If you have an amount of tax due on line 37 of your Form 1040, it includes the penalty that you see on line 38.  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
April3043
New Member

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

Thank you so much for your reply.  I've never had this penalty in the 40 years that I've been filing taxes.

April3043
New Member

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

Thank you!!

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