I automatically imported my W-2 forms for 2023 taxes, but I just received an IRS Notice saying I had under-reported my income significantly. I double-check these entries!

If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest. You are responsible for paying any additional tax liability you may owe. See Terms of Service for details.

You must submit your case for review within 30 days of the date of your first penalty assessment notice. It may be best to pay the penalties and interest immediately while you wait to see if your claim is approved. If your claim is approved, TurboTax will reimburse you for the penalties and interest incurred on the first notice that you receive.

Click here for more in-depth information and the form needed to submit a claim under the TurboTax 100% Accurate Calculation Guarantee or 100% Accurate, Expert Approved Guarantee.