Screen METPWC - Maine Tax Projection (1120)

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Overview

Use this screen to enter information to complete the Maine Tax Projection Worksheet for C Corporations. Enter information only for items for which you anticipate changes in the next tax year. If a field is blank and isn't denoted with an asterisk (*), the amount in the
2025
column of the Tax Projection Worksheet is automatically used to complete the
2026
column. The
2025
amount doesn't transfer to the
2026
column of the Tax Projection Worksheet if the respective field in this screen is denoted with an asterisk (*).
note
You may enter
0
(zero) in the amount fields in this screen, if applicable.

Tax

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

Payments

2025
overpayment credited
2026
(Force)
Enter the amount of current year overpayment that will be credited to next year. If this field is blank, the
Credited to next year’s estimated tax
field from the current year return is used.
2026
estimated tax paid (Force)
Enter the total amount of estimated tax payments projected for next year. If this field is blank, the sum of any payments reported on Forms 1120ES-ME - Maine Estimated Tax Payment Voucher, plus any additional amounts paid reported in the
Next year estimates already paid
fields of the MEEst screen are used.

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