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February 3, 2023
Question

Does my amount that i owe in taxes include the penalty? I’m trying to find the breakdown , but I cannot. I also want to confirm that my payment is set up and ready

  • February 3, 2023
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February 3, 2023

If you're referring to your federal income tax penalty, the estimated tax penalty is on Form 1040, line 38. It's calculated on Form 2210.

 

To preview your 1040, see:

To see the account, routing number and date for the direct debit, it should be printed on your return. 

 

It's also on Part V of the Federal Information Worksheet. Scroll down for Direct Deposit or payment and banking information.

  • For the state, review the State Information Worksheet for payment and banking information

** If the check boxes are checked "NO" and your banking information is not displayed on the Information Worksheet, then the direct debit was not successful. 

 

To make a payment on the IRS website, see IRS payment portal

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