Late filing, balance due, can't pay full amount and calculated penalties

Forum|Forum|4 years ago
October 9, 2021
2 replies
17 views

I have a tiny "practice". So limited software experience. Current (not new) client/TP attempted to do her own 2019 at Block. Thought she had filed....but has not. I confirmed after helping her establish tax account access and reviewing with her.

Now, I have 2019 1040 completed. Penalties and interest calculated. However, when attempting to schedule withdrawal of the entire amount. Software only allows (1). Original balance due (2). Late Filing Penalty for withdraw.

Does not include (3). Late payment (4). Interest.

Why?

Will TP simply get a letter from IRS calculating this (again....but more accurate?)

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

Im just another user, people complain about it all the time, I have no idea why it works the way it does.

Just-Lisa-Now-

Intuit Community Champion

either let IRS send a bill (which is what I do), or pay it through IRS DirectPay.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

treasur2Author

Level 4

Thanks....but ..........why......is this the protocal for the software?

Just-Lisa-Now-

Answer

Intuit Community Champion

Im just another user, people complain about it all the time, I have no idea why it works the way it does.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

Terry53029

Intuit Community Champion

@treasur2 I fill out penalties and interest worksheet with some clients, and system lets me withdraw entire amount including penalties and interest. so you must have some data entry errors. Just go over everything, and pay attention to dates, as they must be same date you are efiling

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