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Oklahoma SCorp Program Caused me Penalty and Interest
The OK SCorp program (512-S) of the Turbo Tax Desktop Business program did not provide a way to enter and submit OW-8-P-SUP-C, which annualizes my business income over 4 qtrs, allowing me to avoid penalty and interest for underwithholding.
This is very disappointing and has caused me another $100 or so. OK requires efiling of the 512-S so I was stuck with that and being unable to incorporate the OW-8-P-SUP-C form in the filing.
Can a Turbo Tax admin look into this and get back to me ASAP?
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May 9, 2024
11:17 AM