Screen MSPay - Mississippi Payments, Extension, Penalties (1041)

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Payments and Credits

To deduct state tax payments on the federal return, enter those payments on the federal StPmt screen. Form 81-110, Page 1 includes the amounts you enter with postal code
MS
.

Penalties and Interest

Date filed, if other than due date of return
If the date you enter is after the return date, the penalties for failure to pay, failure to file, and the late filing interest calculate automatically. If blank, the default is the original due date of the return. The interest and penalty amounts print on Form 81-220, Page 1.
Prior year tax
Enter
0
(zero) if there was no liability last year. This amount is used to calculate Form 80-320 as a possible exception to any potential current-year penalty. This information proformas automatically from year to year.

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