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June 1, 2019
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Received all my income late dec. except for my social security that I received monthly.why do I have to pay a penalty?

  • June 1, 2019
  • 1 reply
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Best answer by Critter

To reduce or eliminate the penalty you can complete the 2210 Annualized option to report the uneven income ...


It's under
Federal Taxes or Personal (for H&B version)
Other Tax Situations
Additional Tax Payments
Underpayment Penalties - Click the Start or update button

 

https://ttlc.intuit.com/questions/2547642-what-s-the-irs-penalty-for-filing-late


1 reply

Critter
CritterAnswer
Employee
June 1, 2019

To reduce or eliminate the penalty you can complete the 2210 Annualized option to report the uneven income ...


It's under
Federal Taxes or Personal (for H&B version)
Other Tax Situations
Additional Tax Payments
Underpayment Penalties - Click the Start or update button

 

https://ttlc.intuit.com/questions/2547642-what-s-the-irs-penalty-for-filing-late