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Where to enter late filing penalties for an S-Corp?
We were late submitting our 2021 and 2022 returns and paid those penalties to the IRS in full in 2023. Can someone explain to me where we'd enter the penalties paid to the IRS for the late filing? I'm using TurboTax Business for Partnerships, Corporations, LLCs, Trust and Estates.
Thank you, in advance, for your guidance!
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‎April 13, 2024
3:49 PM