Why does Minnesota insist on mailing in a tax return when a underpayment of taxes is due?

Forum|Forum|5 years ago
March 21, 2021
2 replies
23 views

Over the years, I've noticed that once we get closer to the due date, that it forces us to mail in the return. Popped up this evening as I have a client that owes $36 due to a a lot of capital gains. Seems rather odd that the state wants a paper return where is adding to the amount due requires alot less resources.

ProSeries Professional

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T

TaxGuyBill

Yeah, I agree, it is quite annoying.

If I remember correctly, it is just for underpayments when uneven Estimated Tax were paid (probably the 'regular'/annualized method on the bottom of the form). Or something like that.

If the penalty is only a couple of dollars or so, I 'cheat' and change the numbers to get rid of the penalty (and tell the client they could get a bill in the mail). But I wouldn't do that for a penalty that large.

IRonMaN

Level 15

I would still do it for a penalty that large - my materiality level has increased in these happy days of COVID.

Slava Ukraini!

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