Screen MAPen - Massachusetts Penalties and Interest (1040)

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Overview

Use this screen to complete Forms M-2210, Underpayment of Massachusetts Estimated Income Tax, and the Massachusetts Late Filing Interest and Penalty Worksheets.

General Information

Use this section to enter information for the calculation of Form M-2210 and late filing interest and penalties.
Date return filed
If the date entered here is later than the return due date, the application automatically calculates the penalty for failure to pay (FTP), the penalty for failure to file (FTF) and the interest on the underpayment. If you leave this field blank, it defaults to the due date (original or extended) of the return.
Waiver obtained for quarter
If a waiver has been obtained for the penalty in any quarter, enter
X
in the appropriate field.
Suppress penalties on Form 1 or Form 1-NR/PY
To suppress specific penalties, mark the appropriate field.

Underpayment of Estimated Tax

Use this section to enter information for the calculation of Form M-2210 exceptions to penalties.
2024
tax
Use this field to enter the amount of the
2024
Massachusetts tax if this amount has not been proforma’d. The application uses this information to calculate exceptions to the Massachusetts underpayment penalty.
Massachusetts withholding: 1st quarter - 3rd quarter
If Massachusetts withholding was not withheld equally throughout the year, enter the amount actually withheld for each period. The fourth quarter defaults to total withholding less the first three quarters. The amounts entered here transfer to Form M-2210, Page 2.

Annualized Income Installment Method

Use this section to enter information for the calculation of Form M-2210, Page 3 penalties when income and deductions occur unevenly during the year. The application automatically enters the fourth quarter of annualized income and deductions on Form M-2210, Page 3.

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