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Level 2
posted Apr 22, 2021 12:45:34 PM

Underpayment Penalty Question

See the screenshots.   Why is it telling me April 15?   Hasn't everything been pushed up until next month?   I can pay but I'm not ready to do it yet.  I have to fine tune my return first.   Thanks.

 

 

 

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2 Replies
Level 15
Apr 22, 2021 1:33:11 PM

do you have updates turn off?

Level 15
Apr 22, 2021 1:37:52 PM

For the calculation of the underpayment penalty the date of 4/15 is allowable even if you will wait to pay until 5/17 ... this is simply to stop the accrual of the penalty.