CappieG
Level 1
03-31-2022
03:03 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I was trying to figure out why my client had a $7 penalty and it appears there may be a glitch in Proseries software calculations for the 2210 payments by quarter LINE 11. Taxpayer had an extension payment of $30k with a resulting 2020 overpayment of $42k applied to 2021. 2210 is only picking up the 12k for the first quarter and puts the $30k in the June 15 column. After reviewing I believe it should be picking up and applying all 42k as of 4/15/21. Has anyone encountered this?
Thanks,
Carol
Best Answer Click here
Labels