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Level 1
May 14, 2024
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2210 calculations

Related products:Lacerte
  • May 14, 2024
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Seems to be a difference in the way Lacerte calculates the 2210 worksheet.  IRS sent back their worksheet and they compound the amount to be penalized instead of using just the seperate qtr amounts that lacerte is using.  For examply Qtr 1 is correctly calculated but 2nd qtr instead of calculating on just the amount from that qtr they add in the amount from 1st qtr as well making for a substantial difference in amount owed.