Screen TPW-Comp - Tax Projection, Comparison (1040)

Overview

Use this screen to enter
2024
income, adjustment, and deduction amounts from the
2023
Tax Projection Worksheet. UltraTax CS uses the information entered and the current year's data to calculate a projected versus actual comparison. You can replace any amount proforma'd in the TPW-Comp screen if you have different amounts from the amounts shown.
To print the comparison, the
Print Tax Projection Report...
box will need to be marked. The global option to mark
Print Tax Projection Report...on proforma
is selected by default. To change this option, clear the
Print Tax Projection Comparison Report (Screen TPW-Comp)
box on the
Setup
,
1040 Individual
,
Other Return Options
,
Proforma
tab.

Computation

Additional Medicare tax on earned income and Unearned income Medicare contribution amounts are included in Other taxes, but are listed separately for comparison to the actual amounts in the current year.

Summary

Use this section to enter the amounts from the prior-year Tax Projection Worksheet. UltraTax CS uses amounts entered here on the line of the Federal Tax Projection - Projected Versus Actual Comparison Report in place of any calculated amount. Therefore, you don't need to enter data in this section except to override the calculated amount.
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