Estimated Tax Payments

[mdmcfarland]

I set up one client to have his 2007 tax payment and his estimated tax payments for 2008 to be paid electonically. This was set up when I e-filed the return. I have just discovered that only the 2007 tax payment and to 1st qtr. 2008 estimated payment was made (as far as we can tell from the bank statements)

has anyone else used this feature. If so, did it work properly for you?

[mdmcfarland]

Any suggestions what we do about the late payment penalties?

[mdmcfarland]

I can't believe that I am the only person that set up paying the 2008 estimates electronically. PLEASE anyone that has done this, let me know if it worked properly for you.

[Lion EA]

I wanted to try it for a couple of my clients, and hope to for myself for 2009; but I never got around to it, too rushed when they were here getting taxes done...

[mdmcfarland]

Oops, when we dug a bit further, the estimates WERE paid electronically as set up in the program.

I just wanted to let you know so that if you are thinking about using this feature - IT WORKS!

[jklcpa]

Sorry I've been out for a few days. I used this feature for myself and it worked fine here too.