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12-07-2019
08:28 AM
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WE ARE RECEIVING NUMEROUS NOTICES FROM VA DEPT OF TAX ASSESSING ADDITIONAL PENALTY FOR UNDERESTIMATING CALCULATED ON FORM 760C. MOST OF THE CASES INVOLVE EXCEPTIONS SUCH AS "ANNUALIZED INCOME" OR UNEVEN WITHHOLDINGS. FORM 760C IS GENERATED IN THE FORMS TAB AND APPEARS TO BE PART OF THE RETURN, BUT VA DEPT OF TAX REPRESENTATIVE IS STATING THEY ARE NOT RECEIVING.
PLEASE ADVISE.
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