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Screen WIExt — Wisconsin Extension (1040)

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Overview

Use this screen to complete the extension payment voucher Form 1-ES. If information transferred from UltraTax/1040 doesn't need additional data or coding, UltraTax/1040-WI shows the data on the form only, not on the input screen.

Extension Information

Use this section to enter information for the calculation of penalties and late-filing interest and penalties, and to calculate extensions.
Calculate extension
Enter
X
 to have UltraTax CS calculate the extension payment voucher 1-ES. To print the extension, select
File
, then
Print Extensions
. UltraTax CS also enters the
Extended due date
.
Extended due date
When you go to
File
, then
Print Extensions
 to print an extension, or you make an entry in
Calculate extension
, UltraTax CS enters the
Extended due date
. Otherwise, the date manually entered here 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 by going to
File
, then
Print Extensions
, UltraTax CS does the following:
  • Calculates the extension payment amount and enters it in this field.
  • Prints this amount on the main return, not on the extension.
Alternatively, you can replace the calculated amount by entering the amount paid with the current-year extension in this field. UltraTax CS then shows the new amount in black.
note
  • To delete the replacement amount and restore the original calculated amount, right-click the field and select
    Delete overrule
    .
  • To verify the accuracy of the replacement amount, right-click the field and select
    Acknowledge overruled data
    . UltraTax CS then turns off
    Acknowledge overruled data
     from the context menu. To restore the original amount later, you'll need to enter it manually.
  • You can set a preference to mark fields for which you replaced the calculated amounts and to list all replaced amounts in the
    Diagnostics
     window.
Balance due on extension (Force)
If you enter an amount, UltraTax CS does the following:
  • Calculates the amount of total tax using the estimated payments and withholding entered
  • Marks the
    Calculate extension
     checkbox
  • Enters the
    Extended due date
    .
  • Transfers the amount that you enter in
    Extension payment actually made; reportable on main return
    .
Additional payment
Enter the payment amount and the date of the payment. The amount paid is included as a payment on the return. When the date paid is after the original due date, the amount is not included as a payment in the calculation of an extension. The payment reduces the balance due for late interest and penalty calculations as of the date paid.

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