If you have a penalty on 1040 line 38, you might be able to eliminate it or at least reduce it. You can go to Federal Taxes tab or Personal tab, under Other Tax Situations and select Start by the Underpayment Penalties. You will answer a series of questions that may reduce or eliminate the penalty. Or you can elect to have the IRS figure the penalty for you. It's form 2210.
It's under
Federal or Personal (for Home & Business Desktop)
Other Tax Situations
Additional Tax Payments
Underpayment Penalties - Click the Start or update button
And.....Make sure you have fully filled in your entire tax return, all income, deductions, credits, (1099-Rs and Roth conversions), and make sure it is otherwise complete before going thru the Annualized income Q&A section.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*