50240

[#1]

The following diagnostic is generating: Receiving a diagnostic regarding the payment of the MA Required S Corp Tax Amount of $456.00. The diagnostic says the following: efile: Extension: As no payment is being made, do not efile Form 355-7004 or it will be rejected. Extensions are granted automatically if 50% of the total excise has been paid by the original due date. Form 355-7004 should only be filed if a payment is being made (ref# 50240).

[sjrcpa]

Is there tax due with your extension?

Or is the Diagnostic giving you correct info?

[LJB3057]

There is an excise tax of $456 due with the extension. The actual paper form indicates the excise tax payment.