If sending estimated payments by mail, be sure to use the payment coupon for the correct tax year. If a coupon from another tax year is used, the payment will be credited to that year and not to the year you intended.
Most Common “e” Income Tax Filing Issues:
- If you have a Net Operating Loss (NOL) carryforward, verify the correct amount is being shown on the return and also submitted electronically.
- Make sure Schedule E - Business Activity Ratio (BAR) is fully complete and also submitted electronically.
- Situations have occurred for 1. & 2. where the information submitted electronically did not match the taxpayer’s copy. In these cases you may receive correspondence from the Department.
- Do not mail a paper copy of the return after submitting your return electronically.