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

by Intuit2 Updated 1 week ago

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.

Use Screen 12, Estimates (1041ES), to adjust, generate or override estimates. See here for how to do this in Screen 12.

Use Screen 13, Penalties & Interest (2210), to generate penalties and interest, annualize income on Form 2210, and enter or override interest rates.

Lacerte Tax