Screen AKTPW2 - Alaska Tax Projection (1120)

Show all hidden content

Overview

Use this screen to enter information you expect to be different for the next year. The application uses this data to calculate the Alaska Tax Projection Worksheet. This worksheet is based on current law and next year tax law differences (when known). Enter only the items you expect to be different for the coming year. If you don't expect a difference, leave the field blank to allow the current-year amount to automatically transfer to the next-year column of the Alaska Tax Projection Worksheet. However, fields that are marked with an asterisk in the AKTPW2 screen won't automatically transfer the current-year amount.

Payments and Credits

Enter the total amount of estimated tax payments that are projected for next year. If this field is blank, the application defaults to the sum of any payments reported on Form 6240 - Payment Voucher Corporation Net Income, plus any additional amounts paid that are reported under the
Next year estimates already paid
fields on the AKEst screen.
Enter the amount of current year overpayment that will be credited to next year. If this field is blank, the application defaults to the
2023
overpayment credited to
2024
(Force)
amount from the current year federal return.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close