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March 19, 2025
Question

TurboTax is showing an underpayment penalty...remove?I should be exempt because I live in an area that was declared a major disaster FEMA DR-4828-FL "Hurricane Helene."

  • March 19, 2025
  • 1 reply
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How do I remove this within TurboTax?

    1 reply

    March 20, 2025

    To remove the underpayment penalty in TurboTax due to living in an area declared a major disaster (FEMA DR-4828-FL "Hurricane Helene"), follow these steps:

    Steps to Remove Underpayment Penalty

    1. Open Your Return: Sign in to TurboTax and open your tax return.
    2. Search for Underpayment Penalty: Enter "underpayment penalty" in the search box and select the "Jump to underpayment penalty" link.
    3. Apply for Waiver: In the "Other Tax Situations" section, select "Underpayment Penalties" under "Additional Tax Payments."
    4. Answer Questions: Answer the questions to indicate that you qualify for an exemption due to the disaster declaration.

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