Electronic withdrawal of federal estimated tax payments

Forum|Forum|5 years ago
April 2, 2021
25 replies
86 views

After the last update I noticed that when running the error check before e-filing a return with federal estimated payments to be electronically withdrawn the first quarter estimated payment now says "Installment 1 of 0.00 due 05/17/2021" and then installment 2 due on 06/15/2021 is the total of 1st and 2nd quarters amounts. IRS did not extend the estimated tax payment due dates (as of yet) so why is ProSeries set up this way? Won't the 1st quarter estimated payment be late?

ProSeries Professional

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Just-Lisa-Now-

Intuit Community Champion

yea, the diagnostic review has a mistake in it

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

R

Renee1107Author

Level 3

Is it just a mistake in the Diagnostic Review or is that how it is going to transmit? I don't want to take a chance on the client having late paid estimated tax. This issue came up last year and there was an announcement that the estimated payments did not transmit as expected.

Just-Lisa-Now-

Intuit Community Champion

The ES worksheet shows the correct date, the client letter shows the correct date, its just that diagnostic screen thats got the funky date info in it.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

B

BillG

Level 2

It is a software issue!!! I have 2 clients that should have had sizable (hundreds of thousands) taken out on 4/15, and after wasting many hours, today Intuit posted an alert that the problem is payments for 4/15 are being added to the 6/15 payment. We now have to contact IRS and change the 6/15 est tax payment to the correct amount, and go onto direct pay and pay pay the 4/15 payment.

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