Skip to main content
April 11, 2024
Question

How can I find out if Turbo Tax paid my estimated tax penalty? It shows the amount on line 38, but it was not added to total amount that I owe.

  • April 11, 2024
  • 2 replies
  • 0 views
No text available

2 replies

DoninGA
Employee
April 11, 2024

The amount in box 38 is included in the amount of federal taxes owed or it reduces the amount of the federal tax refund.

April3043Author
April 11, 2024

Thank you!!

Employee
April 11, 2024

If you have an amount of tax due on line 37 of your Form 1040, it includes the penalty that you see on line 38.  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
April3043Author
April 11, 2024

Thank you so much for your reply.  I've never had this penalty in the 40 years that I've been filing taxes.