How do I compute a payroll tax deposit penalty in TaxInterest software?
^ TaxInterest software cannot compute payroll tax deposit penalties. The program will compute interest on payroll tax deposit penalties if you know the amount of the penalty. Use the Event Entered Penalty and use the date of the assessment and TaxInterest software will calculate the interest. To compute a payroll tax deposit penalty amount, use TimeValue Software’s Tax941 IRS payroll tax interest, penalty, and forms software.