June 2, 2021 2:44 PM
last updated June 02, 2021 2:44 PM
I had to pay a penalty for late tax payments throughout the tax year, my employers mistake to get this right. Is there a receipt for this somewhere?
June 2, 2021 5:31 PM
The IRS does not acknowledge payments.
The underpayment penalty is not a separate payment - it just adds to the overall tax you must pay for the year or subtract from your refund. You will find that on your 1040 form line 38.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**