Screen MABank - Massachusetts Electronic Funds Withdrawal (1120)

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Account Information

Name of financial institution / … / Type of account
The application transfers the financial institution information entered in the federal Bank screen for electronic funds withdrawal. To use a different account for the Massachusetts return, enter the financial institution information in this screen. All four boxes will need to be completed. The Massachusetts Department of Revenue doesn't accept electronic payments from a savings account.
note
The application uses account information from this section to generate the e-file Electronic Funds Withdrawal for balance due returns. To generate the e-file payment, enter
X
in
Electronic funds withdrawal for returns
in the MAELF, MACELF, or MAUELF screen. If you don't want to generate the e-file payment, you don't have to remove the account information in this section. The e-file payment is generated only when
Electronic funds withdrawal for returns
in the MAELF, MACELF, or MAUELF screen is marked.

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