Bcpa
Level 2
07-01-2020
02:46 PM
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Lacerte miscalculating state underestimated tax penalty as of June 18 2020 update. Anyone else having issues with this?
Earlier version calculated $8 penalty. Current version calculates it as $285. The $8 was correct.
Another return with an overpayment and not under withheld calculates penalty.
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