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Lacerte Diagnostics
Moderator
October 2, 2020

11550

  • October 2, 2020
  • 0 replies
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The following diagnostic is generating:

For MD electronic filing, an entry is required in the "{PriorTaxYear} state tax (-1=none)" input field under Payments, Penalties and Extensions; Penalties and Interest.

Solution:

Click on diagnostic from the Diagnostics tab.

In Screen 11>Underpayment Penalty (2220)>YYYY state tax (-1=none){MD only} (code 102), enter the prior year taxes paid by the S corporation.

 

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