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wolo
Level 2

Paid a Penalty

After filling, Turbotax told me in the analysis that I paid a penalty for not paying enough taxes throughout the year. But throughout filing, I wasn't notified that I was paying the penalty, and I don't find Form 2210 generated. How can I know how much penalty I paid? Thanks.

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1 Best answer

Accepted Solutions
KrisD15
Employee Tax Expert

Paid a Penalty

Look at line 38 on your 1040. 

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3 Replies
KrisD15
Employee Tax Expert

Paid a Penalty

Look at line 38 on your 1040. 

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wolo
Level 2

Paid a Penalty

Thanks! I guess turbotax has included line 38 in the final owed amount, right? Just didn't find where to see that breakdown in the software

Cynthiad66
Expert Alumni

Paid a Penalty

You can see the estimated payment computation as follows:

 

Log in to your account

On the left side go into Tax Home

Federal

Deductions and Credits

Estimated Payments.

 

@wolo

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