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Will Lacerte provide a worksheet to determine amount of 2210 penalty reduction as a result of recent lowering of safe harbor from 85% to 80%?

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Level 15

I am sure they will. I am not sure when. 


ex-AllStar

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Level 15

I am sure they will. I am not sure when. 


ex-AllStar

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Level 2
Our Lacerte software is still calculating at 90% for the Safe Harbor.   
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Level 15
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Level 1
I was already aware of the the Lacerte notice but nothing is suggested that Lacerte will provide an easy way to file the 843 c;laim.  I suppose we will be able to generate an updated 2210 to ascertain the reduction and then file.
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Level 2
Is anyone's Lacerte program calculating the 80% safe harbor on the 2210?  It was supposed to be updated for that with yesterday's release.
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Level 15
@Kathi_at_Intuit Oh drat! It looks like Lacerte missed another hopeful deadline.

ex-AllStar
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Level 2
All the new release does is check the Box A waiver and put "80% Waiver" next to it.  But if the 80% safe harbor doesn't eliminate the penalty, the software reverts back to the 90% safe harbor, it appears.  Good grief!
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@George4Tacks The deadline was not missed and the wavier is there.
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Level 2
Well, the bare minimum was met by the deadline.
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