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Screen AREst - Arkansas Estimates (1040)

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Overview

Use this screen to complete Pages 1 and 2 of Forms AR1000F, AR1000NR, and AR1000ES. If information transferred from UltraTax/1040 does not require additional data or coding, UltraTax/1040-AR shows the information on the form only, not in the input screen.
note
State payments are entered in the federal St Pmt Screen so that the amounts transfer to the federal Schedule A. If payments for this state are entered in more than one of the four sections provided in the federal StPmt Screen, be sure to use the same fields for each section. For example, if you use the
Enter total, or
 field in one section, use the
Enter total, or
 field for all sections that pertain to Arkansas. Similarly, if you use the
1st-5th payment
 fields, enter amounts in the payment fields for all sections used for Arkansas.

Overpayment Application

Use this section to apply any current-year overpayment to next year's estimated tax payment.
Application of
2025
 overpayment
The code options available in this field are the same as those in UltraTax/1040. They instruct UltraTax CS on how to apply any current-year overpayment. The decision of what code to use affects what is printed on Page 2 of the return and the calculation of next year's estimated tax payments.
New clients and converted clients may benefit from global options. See Setup, 1040 Individual, and then Arkansas tab. Choose the New Client Options button and enter the code or codes with which newly created and converted client returns calculate. These input screen fields transfer the global choice to newly created and converted clients. The transferred codes may be changed in these fields if necessary without being overwritten by the global choice made in the New Client Options dialog. These fields are proforma'd from year to year; therefore, only newly created and converted clients are affected by global options.

Estimates - Calculated

To have UltraTax CS calculate next year's estimated tax liability and required payments, enter
2
 through
8
 in the
Application of
2025
 overpayment
 field, or make an entry in the
Estimates-declaration for
2026
 field.
Estimates - declaration for
2026
The codes used in this field are the same as those in UltraTax/1040. They tell UltraTax CS which methods to use to determine the amount of the next year's estimated tax. If
2
 through
8
 is entered in the
Application of
2025
 overpayment
 field, UltraTax CS defaults to option
1
 in the
Estimates - declaration for
2026
 field. If both of these fields are blank, UltraTax CS does
not
 generate estimate vouchers or estimate filing instruction information.
Amounts for code 5 or 9
If you enter code
5
 in the
Estimates - declaration for
2026
 field, enter the desired quarterly payments in these fields. These amounts are adjusted by the overpayment applied, if applicable, and print on the vouchers.
If you enter code
9
 in the
Estimates - declaration for
2026
 field, enter the desired quarterly payments in these fields. These amounts are not adjusted by the overpayment applied.
Amounts for
2026
 estimates paid
Enter any estimate payments already made toward the next year. These amounts and the applied overpayment subtract from the calculated quarterly gross estimated tax liability to determine the net voucher amounts.
Tax projection options for code 8
If you enter code
8,
 Use tax from Arkansas Tax Projection Worksheet, in the
Estimates - declaration for
2026
 field, choose an option in this field to customize the tax used to calculate next year's estimates. UltraTax CS automatically adjusts the projected tax liability based on the option you choose. To produce a specific refund amount, enter that amount in the
Amount of refund desired
 field.
Number of
2026
 vouchers desired
The number of estimate vouchers defaults to
4
. Enter a code to specify less than four vouchers. The overpayment and amounts already paid toward next year's estimates are applied to each voucher based on the overpayment code and the quarter in which the amounts were paid.
Amount to round up each estimate
This field allows the entry of rounding specifications for the estimated payments. The estimated payments can be rounded up to the nearest factor indicated. For example, to round up each estimated payment to the nearest $10, enter
10
. If this field is blank, UltraTax CS automatically rounds each estimated payment up to the next dollar.
Treat 4th quarter estimate as due on 12/31/
2026
Use this field to indicate in the filing instructions that the fourth quarter estimate is due by 12/31. A global default is available for all new clients for all state returns. To select this option, choose Setup, 1040 Individual, Federal tab, and then New Client Options button and enter
X
 in the
Treat the 4th quarter state estimate as due on December 31st
 field.

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