2022.11.29 - Drake21 Updates
1040 Program Update 62
- The minimum Failure to File penalty is now calculated only when
applicable. Prior to this update, certain returns with six-month
extensions that were filed after the extended due date but before
the 60-day limit were incorrectly subjected to the minimum Failure
to File penalty when "Calculate penalties and interest on this return"
was selected on screen LATE.