Level 3

Question

Late Filing and Penalties Worksheet wrong date

Forum|Forum|3 years ago
March 2, 2023
3 replies
9 views

So I went to calculate late payment and interest for a client who will have a large balance due on a 1040. The Penalties and interest form has 4/18/22 for the due date. Doing a search of the community on this topic and it seems every year for at least the last 2 years, this has occurred. But never this late in the season.

Really Proseries??? I have been a loyal user since 2003, but the stuff that is just not right is starting to get really old.

ProSeries Professional

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Intuit Community Champion

Intuit Community Champion

What date do you want it to show? The due date this year is 4/18.

15th falls on a weekend, then Emancipation Day is the 17th. 18 is the next business day.

OHHHH, the year is wrong, is the math is wrong too?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Intuit Community Champion

Intuit Community Champion

You can check the box just in front of the line 3B, and enter what ever date you need it to be

Level 3

Tried that, it does not change anything. It still calculates like the date is in 2022.

Intuit Community Champion

Intuit Community Champion

@Just-Lisa-Now- reported this to moderators and they said developers are looking into it and will reply.

I THINK (not sure) that I've seen something like this before and that the IRS will recalculate the penalty and (eventually) return it to TP w/ int...

If at first you don’t succeed…..find a workaround