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Mississippi underestimated tax penalty

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Level 1

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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2 Replies 2
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Level 1

Yes, having this problem. Called Lacerte last week and received a case number but have had no word from them since.

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Level 2

Yes, having the same issues. Called and reported it but apparently Mississippi is not high priority with Lacerte. I do not understand how you screw up a program that had been working fine and cannot get it corrected promptly. And this happens to occur right as the July 15th deadline approaches after the program had worked fine for months. 

 

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