426843
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

m-galper
New Member

How do l review my penalty for under withholding my tax due during the year?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ChristieB
New Member

How do l review my penalty for under withholding my tax due during the year?

If you owe a penalty for estimated taxes, it will appear on your Form 1040, Line 23

You can view this information within TurboTax by taking the following steps; 

1.) On the left-hand side of your screen, click Tax Tools

2.) Click Tools

3.) On the window that pops up, click View Tax Summary

4.) On the left-hand side of your screen, click Preview My 1040

Your penalty will appear on Line 23, transferred from your Form 2210. If you'd like to preview your entire return including Form 2210 before filing, please use the instructions from the FAQ below: 

https://ttlc.intuit.com/replies/3302322

View solution in original post

1 Reply
ChristieB
New Member

How do l review my penalty for under withholding my tax due during the year?

If you owe a penalty for estimated taxes, it will appear on your Form 1040, Line 23

You can view this information within TurboTax by taking the following steps; 

1.) On the left-hand side of your screen, click Tax Tools

2.) Click Tools

3.) On the window that pops up, click View Tax Summary

4.) On the left-hand side of your screen, click Preview My 1040

Your penalty will appear on Line 23, transferred from your Form 2210. If you'd like to preview your entire return including Form 2210 before filing, please use the instructions from the FAQ below: 

https://ttlc.intuit.com/replies/3302322

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question