Form 9465 filing instructions
When you submit Form 9465, UltraTax CS prints filing instructions and the 1040-V with the total amount due shown on the tax return.
You can select custom paragraph
18 Form 9465 (FI)
or 61 Form 9465 Amended (FI)
on the Letter
screen in the General
folder to explain how to request an installment agreement using Form 9465, but the default filing instructions will show the total amount due on the return. This is because the installment agreement might not be accepted, or the taxpayer might decide to avoid fees and interest and not file Form 9465.Select the
Print remittance information to reflect installment agreement
field on the 9465
screen in the Payments
folder to print the filing instructions and forms in these formats:- For paper-filed returns, Form 1040-V (if it isn't suppressed) will print with theAmount paid with the tax return or noticefield on the9465screen, and the filing instructions will indicate to mail a check for the same amount.
- For electronically filed returns with no electronic funds withdrawal, the Form 1040-V (if it isn't suppressed) will print with theAmount paid with the tax return or noticefield on the9465screen, and the filing instructions will indicate to mail a check for the same amount.noteIf you e-file a balance due return with no electronic funds withdrawal and you entered bank information on theBankscreen in theGeneralfolder, go to theElectronic filingfolder then theELFscreen, then mark theSuppress electronic funds withdrawalcheckbox.
- For electronically filed returns with an electronic funds withdrawal for the complete amount on Form 9465, Line 8, no Form 1040-V will print and the filing instructions will indicate the electronic funds withdrawal amount. No check is required.
- For electronically filed returns with an electronic funds withdrawal less than the amount on Form 9465, Line 8, Form 1040-V (if it isn't suppressed) will print with the difference between the electronic funds withdrawal amount entered on theELFscreen in theAmount of tax payment (Force)field and the total amount paid with the return entered in theAmount paid with the tax return or noticefield on the9465screen. The filing instructions will indicate the amount of the electronic funds withdrawal and direct you to mail a check for the amount on Form 1040-V.noteYou can use the Form 9465 custom paragraph with this option. This field is automatically selected if you select theApproved through Online Payment Agreement Applicationfield.
