EdCilumbrello
Level 3
09-07-2021
04:57 PM
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S Corp has a single shareholder who is an MD resident. Why is the software generating estimated tax forms.
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George4Tacks
Level 15
09-07-2021
05:02 PM
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The software generally does it because your entries have led it to believe there will be a tax next year.
Why would you NOT want the estimates? Often the preparer is smarter than the software and will elect to do an override, if they are confident in what they are doing.
Answers are easy. Questions are hard!