Screen PABRTPen - Philadelphia Business Income and Receipts Penalties and Int (1040)

Show all hidden content

Overview

Use this screen to calculate interest and penalties.

General Information

Date return filed
If the date entered in this field is later than the return due date, UltraTax CS calculates the penalty for failure to file and interest on the underpayment automatically. If this field is blank, UltraTax CS defaults to the due date (original or extended) of the return.
Interest (Force)
UltraTax CS calculates the penalty amount based on the current-year interest rate and the date return filed. Enter an amount in this field to override the calculated amount.
Penalties (Force)
UltraTax CS calculates the penalty amount based on the current-year penalty rate and the date return filed. Enter an amount in this field to override the calculated amount.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close