Regarding S-Corp - Has anyone else gotten the e-file error 7512 where it will not allow you to e-file the return with pre-computed penalties and interest? The issue is because in screen 11, Late Penalty and Interest Section, I have put a "1" in the Interest, Late Filing, and Late Payment. The only way the diagnostic gets removed is if I take the "1" out of the Late Filing box. Should I just override this diagnostic to e-file?
I have always been hesitant to include them because my computation and the tax agency computation seldom are exactly the same. I just include a note in the client letter that the client can expect an extra billing from them for $$$ and put the estimated amount.
You might try putting in the computed amount as an override and see if that passes the efile smell test.