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New Client Options window

Use this window to set options that will apply to all 990 clients subsequently added to UltraTax CS.
To open this window, select
Setup
,
990 Exempt Organizations
, the
Federal
 tab, then
New Client Options
.

Fields and buttons

Estimates, Form 990-T (Screen EstT) group box
Choose from this dropdown list to instruct UltraTax CS on how to apply any current-year overpayment for Form 990-T.
Select the appropriate option from this dropdown list to indicate the method for UltraTax CS to use in determining the amount of next year's estimated tax.
Enter the amount up to which you want to round estimated payments. The estimated payments will be rounded up to the nearest amount indicated.
Example:
 To round each estimate payment up to the nearest $10, enter
10
.
Estimates, Form 990-PF (Screen EstPF) group box
Select the appropriate option from this dropdown list to instruct the application on how to apply any current-year overpayment for Form 990-PF.
Choose from this dropdown list to indicate the method to use in determining the amount of next year's estimated tax.
Enter the amount up to which you want to round estimated payments. The estimated payments will be rounded up to the nearest amount indicated.
Example:
 To round each estimated payment up to the nearest $10, enter
10
.
Other group box
Mark this checkbox to create an initial unrelated business activity when starting a new client. A 990T activity called "Unrelated Business Activity" will be added to the
ActivT
 screen. If needed, add an unrelated tax code and update the description on the
ActivT
 screen. If not needed, delete the activity from the
ActivT
 screen.
Mark this checkbox to enable the tax projection worksheets for the 990 or 990PF returns. This option doesn't apply to the 990-T Projection worksheet.
Mark this checkbox to file the return electronically. This option doesn't apply to Form 990-T returns.
The completion of Form 990, Part II, columns B, C, and D is optional for organizations not classified under section 501(c)(3), 501(c)(4), or 4947(a)(1).
To display the information you entered for these columns, even when the organization is not required to complete these columns, mark this checkbox.
To suppress the preparer's EIN or PTIN in the preparer's block section of the return, mark this checkbox.
Mark this checkbox to limit the use of contributor information to the calculation of Schedule B.
Mark this checkbox to use the contributor information to calculate Schedule A, Part II, Section A.
Select
Paper
,
Email
, or
File
 from the dropdown list to specify the delivery method. The method selected will be reported in the Return Delivery column of the Client
Communications
 screen (accessed from the
Setup
 menu).
UltraTax CS defaults to printing both the U.S. mail and the private delivery address in the filing instructions. To change this default, select the option from this dropdown list.
Select either
Yes
 or
No
 from the dropdown list to have this response entered for the
May the IRS discuss this return with the preparer shown above
 question on Form 990, Page 1 or
May the IRS discuss this return with the preparer shown below
 on Form 990-PF, Page 13 or Form 990-T, Page 2.
Enter an amount to indicate the maximum out-of-balance threshold. the application performs an out-of-balance adjustment up to the amount you specify. It doesn't perform any adjustment if the balance sheet is out of balance by more than the amount in this field. UltraTax CS automatically creates an adjustment to accounts payable, or if there is no balance in accounts payable, UltraTax CS adjusts cash to correct an out-of-balance condition between assets and liabilities.
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