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New Member
posted Jun 1, 2019 4:09:56 PM

I just spoke with co-workers who switched from TurboTax to HRBlock because they weren't charged a tax penalty. Why did TurboTax charge me $92?

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1 Replies
Level 1
Jun 1, 2019 4:09:58 PM

The underpayment penalty is not coming from TurboTax, it is coming from the IRS.

If you paid less than 85% of your taxes due, you face this penalty.

I can't speak for the policies of Block, but I will affirm that TurboTax does not want users to face additional interest payments on unpaid penalties, so the program does calculate the penalty if needed.