Screen NEBank - Nebraska Direct Deposit, Electronic Funds Withdrawal (1040)

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Overview

Use this screen to complete / modify direct deposit and electronic funds withdrawal for electronic filing.
Once an electronic return is transmitted, a direct deposit or electronic funds withdrawal request cannot be added, modified or canceled. The routing transit number and account number should be verified annually.

Direct Deposit and Electronic Funds Withdrawal

Use this section to indicate the Nebraska option for direct deposit and electronic funds withdrawal (direct debit). The requested withdrawal details are reported in the Nebraska Electronic Funds Withdrawal Worksheet.
Suppress direct deposit of refund
UltraTax CS automatically chooses direct deposit for the Nebraska return refund when financial institution information has been entered in federal Bank Screen. Enter
X
if you do not want to deposit the state refund directly in the client’s account.
Use Refund Advantage / EPS Financial for refund deposit
Use this field to have the client’s refund deposited with Refund Advantage / EPS Financial. This field is available only when filing electronically and a bank product is selected in federal RAL Screen.
Enable electronic funds withdrawal for a balance due return
Use this field to request an electronic withdrawal of funds for a balance due return. If not enabled, no withdrawal will occur.
Amount of withdrawal (If other than balance due on return)
Enter a withdrawal amount different from the balance due on the return.
Date of withdrawal (If other than original due date of return)
When filing on or before the original due date of the return, the requested date of withdrawal defaults to the original due date. Use this field to provide a requested withdrawal date if different from the original due date. When filing after the original due date, enter the anticipated filing date here.
Pay by credit card (Taxpayer is responsible for arranging payment)
Use this field to indicate that the tax due will be paid by credit card. UltraTax CS marks the checkbox on Form 1040N, Page 2. Enter the custom paragraph on NELetter Screen to include instructions for filing by credit card in the filing instructions inserts.

Account Information

Use this section to modify the account information for direct deposit or electronic funds withdrawal.
Routing transit number / … / Type of account
Only non-IRA savings or checking accounts may be selected for automatic funds withdrawal.
Non-US financial institution (International ACH transaction)
Because state agencies cannot process an IAT, UltraTax CS suppresses the direct deposit or electronic funds withdrawal when this field is marked. This suppression is noted in the diagnostic messages and the account information is omitted from forms, client documents, and electronic returns.

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