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K001
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Trying to review my under payment penalties. After searching "underpayment of taxes" I don't see the "jump to link" ?

 
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Trying to review my under payment penalties. After searching "underpayment of taxes" I don't see the "jump to link" ?

Enter underpayment penalty in the Search box located in the upper right of the program screen.  Click on Jump to underpayment penalty

 

On the Form 1040 the Estimated tax penalty is on Line 38.

 

Go to this IRS website for information on Penalty for Underpayment of Estimated Tax - https://www.irs.gov/taxtopics/tc306

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Trying to review my under payment penalties. After searching "underpayment of taxes" I don't see the "jump to link" ?

Yeah I think they did something to the Jump To links. 

 

You might be able to eliminate it or at least reduce it. You can go to Federal Taxes tab or Personal tab, under Other Tax Situations and select Start by the Underpayment Penalties. You will answer a series of questions that may reduce or eliminate the penalty. Or you can elect to have the IRS figure the penalty for you. It's form 2210.


It's under

Federal or Personal (for Home & Business Desktop)

Other Tax Situations

Additional Tax Payments

Underpayment Penalties - Click the Start or update button

Trying to review my under payment penalties. After searching "underpayment of taxes" I don't see the "jump to link" ?

Enter underpayment penalty in the Search box located in the upper right of the program screen.  Click on Jump to underpayment penalty

 

On the Form 1040 the Estimated tax penalty is on Line 38.

 

Go to this IRS website for information on Penalty for Underpayment of Estimated Tax - https://www.irs.gov/taxtopics/tc306

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