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Level 3
April 21, 2021
Question

PENAlTIES due to 1040ES Error?

  • April 21, 2021
  • 4 replies
  • 18 views

Can't seem to find an answer, only that Proseries has recommend we have our clients call IRS to adjust ES payment #2 and do ES payment #1 online at IRS Direct Pay.... (yea, totally see my 84 year old client doing this)

So my questions are: (1) is Proseries reimbursing these clients for the penalties and (2) Who is reimbursing me for my time to have to go search who was impacted by this error and then contacting them to try and explain.   CURIOUS, WHAT IS EVERYONE ELSE'S PLAN ON THIS?  

#FrustratedTaxPreparer  #covidsucks

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4 replies

BobKamman
Level 15
April 21, 2021

Where is ProSeries recommending that?

AledwedgeAuthor
Level 3
April 21, 2021

Solved: Re: 1040-ES payments not being withdrawn - Intuit Accountants Community

SHOULDN'T have the word solved in it, that is for sure! 

wjgutcpa
Level 5
April 21, 2021

Unreal. Their programmers copied last year's ES payment deadlines into this year. PPM. And we have to pay the price AGAIN. But hey, renewal of ProSeries for the 2021 program is open!

 

NOT! This further demonstrates what Intuit invests in. And it's not programmers for the professional products.

IRonMaN
Level 15
April 21, 2021
IRonMaN
Level 15
April 21, 2021

Intuit had a repayment system put in place but unfortunately due to a programming error, the reimbursements won't be credited to your account until April 28, 3021.

Slava Ukraini!
BobKamman
Level 15
April 21, 2021

So BFD.  Your $10,000 payment delayed 2 months results in a $25 penalty.  But if your estimates are correct otherwise, that's not enough for IRS to notice.  Gives the moneychangers in the tax office something to fuss about, though.   

Level 5
April 21, 2021

any mention to state withdrawals?

 

what a mess

 

Level 3
April 22, 2021

When my clients who have been affected by this issue have called the e-file Payment Services phone number that Intuit gave us, they have been told that either a) there is no record of any scheduled quarterly electronic payments for their account, or b) that only a quarter three and quarter four payment showed in their system, but nothing for either quarter one or quarter two.

In both cases these are clients for whom I'd selected to have all four quarters electronically withdrawn.

Is anyone else hearing back from clients who have tried to call the number to have the Q2 amount cancelled and rescheduled?

What a nightmare. Definitely considering changing jobs or changing software providers for 2022...seems like the amount of time wasted this season could have been better spent learning a new software program with better customer service and better software functionality.