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Level 1
September 27, 2023
Question

Absent the taxpayer's estimated tax payment(s) made after April 15th, 2023, the taxpayer would have owed more taxes on April 15th. Late filing payment interest must be

  • September 27, 2023
  • 1 reply
  • 13 views
interest must be calculated? Even if I put the calculations in the error is still there?? Help
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1 reply

George4Tacks
Level 15
September 27, 2023

Many WARNINGS are just there as warnings. They will not go away as they can not tell if you did them.

Are you sure that penalties are required?

My general practice is NOT to do them, as I don't know when the payment will be made. I notify the client that IRS will bill them after the return is processed.

Answers are easy. Questions are hard!