Common questions for Fiduciary estimated tax including penalties and interest (2210) in ProConnect Tax

Use Input Return ⮕ Payments, Penalties, Extensions ⮕  Estimates (1041ES), to adjust, generate or override estimates. 

Use Input Return ⮕ Payments, Penalties, and Extensions ⮕ Penalties & Interest (2210), to generate penalties and interest, annualize income on Form 2210, and enter or override interest rates.

For information on applying the One Big Beautiful Act provisions to tax year 2024 estimates, see here., check out our Tax topics page on Estimated Tax payments where you'll find answers to the most commonly asked questions.

Disaster area tax relief available:

Filing deadlines and estimated tax due dates may be extended for taxpayers in parts of Arkansas, California, Kentucky, Mississippi, Missouri, New Mexico, Oklahoma, Tennessee, West Virginia, and IRS for taxpayers living abroad. See here for more details.