Screen UTPen — Utah Penalties and Interest (1040)

General Information

Use this section to enter information for the calculation of late-filing penalties, late-filing interest, and the penalty for underpayment of an extension prepayment. Penalty and interest amounts are summarized on the
Utah Penalties and Interest Worksheet
.
If the date is after the return due date, the penalty for failure to pay, the penalty for failure to file, and the interest on the underpayment are calculated. For many states, the penalty calculations begin on the 15th of the month, even if it falls on a holiday or weekend.
Mark the fields to suppress specific penalties.

Extension Underpayment Penalty

If the minimum prepayment hasn’t been made for returns filed after the original due date, then the
Extension underpayment penalty
is calculated and prints on the
Utah Prepayment Required Payment Worksheet
.
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