smh
Level 1
04-18-2021
11:44 PM
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Taxpayer died during the year and accordingly no more estimates are due, but Lacerte is still showing an underpayment penalty for quarters after the date of death. How do I stop this?
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BobKamman
Level 15
04-19-2021
08:32 AM
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Date of death? Quarters that penalty is being assessed? How much money is involved, anyway?
smh
Level 1
04-25-2021
07:57 PM
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Date of death was entered. It is substantial dollars. Also, it is not correct even if small dollars.
BobKamman
Level 15
04-25-2021
08:09 PM
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Yes, but it's not worth worrying about if less than $100 because it won't be assessed. I asked the date of death and which quarters were involved, because the penalty still applies to the payments due before death. If the death occurred before 7/15, you should be home free.
