Question
Critical diagnostic #25475
I'm getting the following:
"This organization's history of federal net investment income (Form 990-PF) categorizes it as a "Large Organization." As a result, only the first estimated tax payment for 2025 can be based on 2024 income. If the organization's federal net investment income increases in 2025, the second, third, and fourth estimated tax payments should be increased to avoid 2025 underpayment penalty."
As usual, here isn't an answer online for this. Any suggestions on how to make this go away or can this be ignored?
