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Level 1
March 1, 2026
Question

NYS S Corp does not calculate estimates for the 2026 year

  • March 1, 2026
  • 1 reply
  • 11 views
NY State S corporation does not calculate and prepare estimates for th e2026 year

    1 reply

    ljr
    Level 9
    March 1, 2026

    why would it - it is a pass-through entity, and the estimated payments should be calculated on the individuals 1040. You only pay an annual fee to NYS with the 1120-s based on gross receipts. 

    Level 6
    March 1, 2026

    My issue is that it calculates and prints all the time, even if the taxes due for 2026 is $25.  I get 4 quarterlies.