Screen INTPWC - Indiana Tax Projection (1120)

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Overview

Use this screen to enter information you expect to be different in the next year. The application uses this data to calculate the Indiana 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. However, fields that are marked with an asterisk (*) in Screen INTPWC will not automatically transfer to the next-year column.

Adjusted Gross Income

Indiana adjusted gross income tax (Force)
The total tax for next year automatically calculates by applying the current year tax rates to the projected taxable income. Use this field to override this calculated amount, if needed.

Tax and Payments

2026
estimated payments (Force)
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 Forms IT-6 - Corporation Estimated Income Tax, plus any additional amounts paid that is reported under the
Next year estimates already paid
fields of Screen INEst.
2025
overpayment credited to
2026
(Force)
Enter the amount of current year overpayment that will be credited to next year. If this field is blank, the application defaults to the Credited to next year’s estimated tax field amount from the current year return.

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