Screen RIExt - Rhode Island Extension and Payments (1040)

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Overview

Use this screen to complete Form RI 4868. If information transferred from UltraTax/1040 does not require additional data or coding, UltraTax/1040-RI shows it on the form only, not in this screen.

General Information

Calculate extension
Enter
X
if you want UltraTax CS to calculate the extension, Form RI 4868. To print the extension, choose File and then Print Extensions. RI extensions can be electronically filed starting with UltraTax 2024.
note
UltraTax CS also enters the applicable due date in the
Extended due date
field.
Extended due date
If an extension is printed by choosing File and then Print Extensions, or an entry is made in the
Calculate extension
field, the extended due date automatically appears in this field. Otherwise, the date manually entered in this field is used as the extended due date in the filing instructions and when calculating late filing penalties.
Extension payment actually made; reportable on main return
Each time you print the extension (via the File and then Print Extensions option), UltraTax CS:
  • calculates the extension payment amount and enters it in this field, and
  • prints this amount on the main return, not on the extension.
Alternatively, you can overrule the calculated amount by entering the amount actually paid with the current-year extension in this field. UltraTax CS then displays the new amount in black.
note
Form RI4868 balance due can be paid via electronic funds withdrawal starting with UltraTax 2024.
Estimate of total tax liability (Force)
If you enter an amount in this field, UltraTax CS enters
X
in the
Calculate extension
field, completes the
Extended due date
field and uses the amount entered as the tax liability on the extension.
Balance due on extension (Force)
If you enter an amount in this field, UltraTax CS calculates the amount of total tax using the estimated payments and withholding entered, marks the
Calculate extension
field, completes the
Extended due date
field, and transfers the amount that you enter in the
Extension payment actually made; reportable on main return
field.
Additional payment
Enter the payment amount and the date of the payment. This information is used in the calculation of late filing payment penalties and interest, if applicable.

Payments

Other payments
Enter the amounts of any other state income tax payments that were not entered elsewhere on this return in the statement dialog. UltraTax CS transfers the total amount to Page 1 of Forms RI-1040 and RI-1040NR.

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