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I'm getting the following:
"This organization's history of federal net investment income (Form 990-PF) categorizes it as a "Large Organization." As a result, only the first estimated tax payment for 2025 can be based on 2024 income. If the organization's federal net investment income increases in 2025, the second, third, and fourth estimated tax payments should be increased to avoid 2025 underpayment penalty."
As usual, here isn't an answer online for this. Any suggestions on how to make this go away or can this be ignored?
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It is not hurting anything but is telling you something about next year's estimated tax payments.
The more I know the more I don’t know.
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From your answer this is going to pass if I ignore?
I hate these critical ones if they can be ignored, would rather see them in informational...
Okay so I can ignore?
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Yes you can ignore
The more I know the more I don’t know.
