Screen OHSDPen - School District Penalties and Interest (1040)

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Overview

Use this screen to complete Form IT/SD2210. Individual income tax and school district income tax returns share the form.
Form SD2210 is a multiple-unit form. Enter information relating to the school district for which you want to calculate penalties in each screen.

Date Filed

Use this section to enter information for the calculation of Form SD2210 penalties and late-filing interest and penalties. Penalties and interest can be suppressed in the
OHPen
screen.
Date return filed
If the date entered is later than the return due date, UltraTax CS calculates the penalties for failure to pay, for failure to file, and the interest on the underpayment. If this field is blank, UltraTax CS defaults to the due date (original or extended) of the return. Penalties and interest can be suppressed in the
OHPen
screen.

Underpayment of Estimated Tax

tax
Enter the prior-year tax. Note that UltraTax CS isn't designed to calculate the Form SD2210 penalty for a short-year client. If the client filed last year's Form SD100 that reflected a period of 12 months but there was no tax liability, enter
0
(zero).

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