Screen NDBank - North Dakota Direct Deposit, Electronic Funds Withdrawal (1040)

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Overview

Use this screen to complete / modify direct deposit for electronic filing. If information transferred from UltraTax/1040 doesn't require additional data or coding, UltraTax/1040-ND shows it on the form only, not on the input screen.
Once an electronic return is transmitted, a direct deposit request can't 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 direct deposit a refund from an electronically filed return.
Suppress direct deposit of refund
UltraTax CS automatically selects direct deposit for the North Dakota return refund when financial institution information has been entered in the federal
Info
screen. Enter
X
if you don't 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 state refund deposited with Refund Advantage / EPS Financial. This field is available only if the federal refund is being deposited with Refund Advantage.
Date of withdrawal
Use this field to request a withdrawal date different from the original due date. When filing on or before the original due date of the return, the requested date of withdrawal defaults to the original due date.

Estimated Payment Electronic Funds Withdrawal

Use this section to designate estimated payments electronic funds withdrawal for electronically filed returns.
Electronically withdraw all estimate payments
Electronic funds withdrawal of estimates is available for electronically filed returns only. Direct deposit or direct debit of balance due isn't required for direct debit of estimates. Use these fields to indicate each estimate authorized for electronic withdrawal. The estimated payment amount is the calculated amount on the North Dakota Estimated Tax Payments Worksheet. Dates may be adjusted by using the
1st - 4th payment
fields in the
NDEst
screen. The dates and amounts of withdrawal are included in the electronic file and printed on the North Dakota Estimated Tax Payments Worksheet.

Account Information

Use this section to modify the account information for direct deposit.
Routing transit number /… / Type of account
UltraTax CS automatically uses the financial institution information entered in the federal
Info
screen for direct deposit or electronic funds withdrawal. To select a different account for the North Dakota refund or balance due transaction, enter the financial institution information.
Routing transit number
,
Depositor account number
, and
Type of account
fields all will need to be completed.
Non-US financial institution (International ACH transaction)
There are regulations affecting international electronic funds transfers processed though the automated clearing house (ACH) network. A domestic ACH transaction is a direct deposit to or withdrawal from an account in a U.S. financial institution. An international ACH transaction (IAT) is a direct deposit to an account in a U.S. bank that automatically forwards the refund to an account in a foreign financial institution, or a withdrawal from a U.S. bank account that receives the funds for that transaction from a foreign account. The account owner will know when an international transfer account has been established for them.
Enter
X
if the account identified is used for an IAT. Because state agencies can't 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. State agencies are tallying how many international transactions they’ll need to support in future years so the return will indicate that an IAT was requested.

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