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Level 1
April 13, 2023
Question

Why is Lacerte calculating a penalty based on the 4th quarter estimated tax payment in the California declared disaster area?

  • April 13, 2023
  • 1 reply
  • 11 views
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1 reply

IntuitAlicia
Employee
April 13, 2023

The Lacerte program is unable to determine whether or not the Taxpayer is within the designated disaster areas within California. When preparing a return for an impacted client, any extended payment dates that would not result in a penalty may need to be adjusted.

For more information, see - Disaster area tax extensions - Disaster relief for California Forms: https://proconnect.intuit.com/support/en-us/help-article/estimated-taxes/disaster-area-tax-extensions/L0hIDffbV_US_en_US?uid=lgfo0fek