Indicate state payments are prepaid
- Select thePaymentsbutton in the federal module.
- In the resident and nonresident state payment tabs, mark theYes/Nocheckbox in thePrepay current year state tax?field.
Planner CS will calculate a payment equal to the excess of the current year tax over any estimated payments, withholding, and overpayment applied. The calculated prepayment is displayed in the
Prepayment amount
field.