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Screen CALLCPmt — California Single Member LLC — Payments and Estimates (1065)
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Payments
Amount of prior year overpayment applied to current year tax
Enter any prior-year overpayment of tax. UltraTax CS applies it to the current-year tax and transfers the amount to Form 568, Page 1.
Amount of prior year overpayment applied to current year fee
Enter any prior-year overpayment of the fee. UltraTax CS applies it to the current-year fee and transfers the amount to Form 568, Page 1.
Use calculated current year estimated fee as amount paid / Calculated amount
If last year’s return was completed using the previous version of UltraTax CS and the estimated fee was calculated for the current year, UltraTax CS transfers the amount to the
Calculated Amount
boxes. If there has not been data entry for the estimated fee, enter X
in Use calculated current year estimated fee as amount paid
to move the calculated amount to Amount Paid
.Amount paid with extension
Each time you go to File, and select Print Extension, UltraTax CS:
- 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 actually paid with the current-year extension in this box. UltraTax CS then shows the new amount in black.
When you replace the calculated amount, UltraTax CS no longer issues the FYI diagnostic message indicating that you need to verify the amount paid with the extension before filing the return.
note
- To delete the replaced amount and restore the original calculated amount, right-click the box and selectDelete overrulefrom the context menu.
- To confirm the accuracy of the replaced amount, right-click the box and selectAcknowledge overruled datafrom the context menu. UltraTax CS turns off theAcknowledgefunction from the context menu. To restore the original amount later, you'll need to enter it manually.
- You can set a user preference to mark fields for which you replaced the calculated amounts and to list all replaced amounts in theDiagnosticswindow.
Estimates
Amount of current year overpayment to apply to next year’s tax
Enter the amount of the tax overpayment to apply to next year’s tax.
Suppress printing of next year Form 3522
Enter
X
if you don't want to print Form 3522 with the return. If the return is marked as Final
, Form 3522 is suppressed.Balance due of Form 3522 (Force)
The amount you enter displays on Form 3522.
Amount of current year overpayment to apply to next year’s estimated fee
Enter the amount of the fee overpayment to apply to next year’s fee.
Calculate estimated fee (Form 3536)
Enter
X
to calculate and print Form 3536, Estimated Fee for LLCs, and appropriate filing instructions.Balance due on Form 3536 (Force)
UltraTax CS automatically calculates the estimated fee. If you want to use a different amount for Form 3536, enter it here.
Extension
Extended due date
If you've used
File
, then Print Extensions
to print an extension, the extended due date appears in this box. When this box is completed and Date return filed
is blank, UltraTax CS uses the date in this field to calculate penalties and interest. The extended due date also is reflected in the filing instructions.Balance due on extension (Force)
If you enter an amount here, UltraTax CS enters the amount on Form 3537, completes
Extended due date
, and shows the amount in Amount paid with extension
.note
UltraTax CS also enters the due date in
Extended due date
.Form 3522 printed with extension; suppresses printing of Form 3522
Enter
X
if you do not want to print Form 3522 with the return. UltraTax CS marks this field if you've used File
, then Print Extensions
to print Form 3522.Form 3536 printed with extension; suppresses printing of Form 3536
Enter
X
if you do not want to print Form 3536 with the return. UltraTax CS automatically marks this field if you've used File
, then Print Extensions
to print Form 3536.Penalties and Interest
Date return filed
If the date entered here is later than the return due date, UltraTax CS calculates the interest and penalties for failure to file, for failure to pay, and late-filing interest. If you leave this field blank, it defaults to the due date of the return.
UltraTax CS prints interest and penalty amounts on the bottom of Page 1 with the following identifying codes.
Code | Penalty |
|---|---|
FTF | Failure to file |
FTP | Failure to pay |
INT | Interest due |
TOT | Total amount due including penalty and interest |
Suppress penalties on return: Late interest: Fee (568)
Enter
X
to suppress the late payment interest on the return. UltraTax CS prints the CA Late Filing Interest and Penalty Worksheets if this field is blank and late interest is due. The CA Late Filing Interest and Penalty Worksheets will also print if Failure to file
or Failure to pay
are blank and a failure to file or failure to pay penalty exists.Suppress penalties on return: Late interest: Tax (3522)
Enter
X
to suppress the late payment interest on the return. UltraTax CS prints the CA Form 3522 Late Filing Interest and Penalty Worksheets if this field is blank and late interest is due. The CA Form 3522 Late Filing Interest and Penalty Worksheets will also print if Failure to pay
is blank and a failure to pay penalty exists.Suppress penalties on return: Failure to file: Fee (568)
Enter
X
to suppress the failure to file penalty on the return. UltraTax CS prints the CA Late Filing Interest and Penalty Worksheets if this field is blank and the failure to file penalty is due. The CA Late Filing Interest and Penalty Worksheets will also print if Late interest
or Failure to pay
are blank and late payment interest or a failure to pay penalty exists.Suppress penalties on return: Failure to pay: Fee (568)
Enter
X
to suppress the failure to pay penalty on the return. UltraTax CS prints the CA Late Filing Interest and Penalty Worksheets if this field is blank and the failure to pay penalty is due. The CA Late Filing Interest and Penalty Worksheets will also print if Late interest
or Failure to file
are blank and late payment interest or a failure to file penalty exists.note
UltraTax CS prints the CA Late Filing Interest and Penalty Worksheets when penalties or interest exist. If
Late interest
, Failure to file
, and Failure to pay
are all marked, the CA Late Filing Interest and Penalty Worksheets will not print.Suppress penalties on return: Failure to pay: Tax (3522)
Enter
X
to suppress the failure to pay penalty on the return. UltraTax CS prints the CA Form 3522 Late Filing Interest and Penalty Worksheets if this box is blank and the failure to pay penalty is due. The CA Form 3522 Late Filing Interest and Penalty Worksheets will also print if Late interest
is blank and late payment interest exists.note
UltraTax CS prints the CA Form 3522 Late Filing Interest and Penalty Worksheets when penalties or interest exist. If
Late interest
and Failure to pay
are marked, the CA Late Filing Interest and Penalty Worksheets will not print.