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Yes, you can reopen the waivers section in TurboTax Online and correct the entries you made when requesting a waiver. This is assuming you've not filed- if you already filed, you will need to amend. See How to File an Amended Tax Return with the IRS if necessary.
Here's how:
- Navigate to the magnifying glass in the upper right of your screen, type "underpayment penalty" then choose the first option, "Jump to underpayment penalty."
- Continue through the interview screens until you arrive at the section that says "You Can Request a Waiver." Choose yes, you would like to request a waiver of your penalty.
- Proceed and make the corrections.


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