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Taxpayer has a penalty on her tax return, is that penalty amount included in Form 1040 Line 37 or do we add the penalty to the amount of tax owed on Line 37?

Level 1
Tax owed on Line 37 is $1800
Penalty on line 38 is $10
Does the tax payer pay $1800 or $1810?
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3 Comments 3
Level 15


When in doubt, the IRS does provide instructions 

Ukraine - hang in there
Level 15
Level 15
LOOK at the tax return, look at lines 24 and 33 and do the math.

Level 15

Check the box on Form 2210 to let IRS figure the penalty.  For that amount, they won't.