Interest and Penalty - Add calculation of instalment interest

[sarka]

Reposting this with voting option so we can see how much interest there is in this update

Interest & Penalty Worksheet

Add a section to estimate instalment interest. The form could pick-up the instalment requirements on carry-forward. We should be able to enter them manually in any case. We’re required to enter the date and amount of actual payments during the year. An option to “allocate total paid based on expected” or “allocate total paid equally” would simplify the entry for clients who follow instructions. Otherwise, we manually enter the payment details. The worksheet should allow for more than four …

[SmallBizGuy]

I’m neutral. Useful, but I can do a pretty quick ballpark calc for the most part without much ado. Unless it’s for zillions of years, helpful, but not a gamebreaker for me.