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NOT CALCULATING LATE PAYMENT PENALTY

jlew1229
Level 3
Lacerte is not calculating late payment penalty.   I am putting a 1 in the box on screen 8 and putting a date in the box labeled filing date.     Lacerte is calculating it for the state .  Does anyone know why the late payment penalty?  It is calculating the interest on the IRS return,  just not the late payment penalty
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2 Comments 2
abctax55
Level 15

It's working for me.

Do you have 'both' the interest and the late payment boxes marked in the area second from the bottom in Screen 8?

"*******Tax software is no substitute for a professional tax preparer*******
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sjrcpa
Level 15

Are they subject to it?

As a percent, how much is tax paid timely/total tax due?


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