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Best answer by xmasbaby0

TurboTax does not calculate your penalties and interest for late filing.  That will be calculated by the IRS based on when they receive your return and based on how much tax you owe and are paying late.  You will receive a bill from the IRS.

1 reply

xmasbaby0Answer
Employee
June 5, 2019

TurboTax does not calculate your penalties and interest for late filing.  That will be calculated by the IRS based on when they receive your return and based on how much tax you owe and are paying late.  You will receive a bill from the IRS.

**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.**