Screen DCPmt - District of Columbia Payments and Extension (1120)

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Payments

Enter any prior year overpayment in this field. The application transfers the amount entered to Page 2 of the return and treats it as a first-quarter payment for purposes of calculating Form D-2220. Do not include this amount again in the
1st payment
field.
Enter the total of all estimates made for the tax year in the
Total, or
field. The application transfers this amount to Page 2 and applies it equally to all quarters for purposes of calculating Form D-2220. To override the way the application applies the total to all quarters, enter actual amounts of estimated tax in the
1st payment
through
5th payment
fields. Once amounts are entered in any of the individual payment fields, the application ignores the value in the
Total, or
field for purposes of calculating Page 2 of the return and Form D-2220.
The first four fields in the
Date Paid
column default to the respective quarters’ due dates, and the fifth payment date defaults to the fourth-quarter due date. If the payments were not made on the estimate due dates, enter the actual dates of payment.
The application proformas the estimated payments calculated in the prior-year application to the
Calculated Amount
fields. Enter
X
to transfer amounts from the
Calculated Amount
fields to the
Amount Paid
fields.
Each time you print the extension (via File then Print Extensions), the application:
  • 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. The application then displays the new amount in black.

Extension

If you have printed an extension by choosing File then Print Extensions, or have entered an amount in either the
Balance due on extension (Force)
field or the
Total estimated franchise tax liability (Force)
field, the extended due date automatically appears in this field. Otherwise, enter the date to be used as the extended due date when calculating the late filing penalties and in the filing instructions. If this field is blank, the application assumes that the return was not put on extension.
Enter an amount, including
0
(zero), if you want to override (force) the calculated amount on Form FR-128, line 1. The application calculates the balance due on extension based on the amount entered here, less any payments.
If an amount is entered here, the application calculates the amount of total tax using the estimated payments and withholding entered, completes the
Extended due date
field, and enters the amount in the Payments section.
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