Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Screens

Screen NJEst - New Jersey Estimates (1040)

Show all hidden content

Overview

Use this screen to complete Form NJ-1040-ES. If information transferred from UltraTax/1040 doesn't require additional data or coding, UltraTax/1040-NJ displays it on the form only, not in the input screen.
Enter state payments in the federal St Pmt screen so the amounts transfer to federal Schedule A. If you enter payments for this state in more than 1 of the 4 sections provided in the federal St Pmt screen, be sure to use the same fields for each section. For example, if you use the
Total
 field in a section, use the
Total
 field for all sections that pertain to New Jersey. Similarly, if you use the
1st - 5th payment
 fields, enter amounts in the
1st - 5th payment
 fields for all sections used for New Jersey.

Overpayment Application

Application of
2025
 overpayment
The code options available in this field are the same as those in UltraTax/1040. They instruct UltraTax CS on how to apply any current year overpayment. Your decision affects what prints on the resident return and the nonresident return and the calculation of next year's estimated tax payments.
New clients and converted clients may benefit from global options. Select
Setup
,
1040 Individual
, the
New Jersey
 tab,
New Client Options
, and enter the code or codes with which newly created and converted client returns calculate. These input screen fields transfer the global choice to newly created and converted clients. The transferred codes may be changed in these fields if necessary without being overwritten by the global choice made in the New Client Options window. These fields are proforma'd from year to year; therefore, only newly created and converted clients are affected by global options.

Estimates - Calculated

Use this section to calculate the estimated tax payments. UltraTax CS automatically calculates next year's estimated tax liability and required payments when there's a
2
 through
8
 entered in the
Application of
2025
 overpayment
 field in the NJ Overpayment application section or an entry in the
Estimates - declaration for
2026
 field.
The New Jersey estimate voucher contains a scan code. The scan code includes the amount printed on the voucher. UltraTax CS isn't permitted to print blank vouchers due to this requirement.
Estimates - declaration for
2026
The codes used in this field are the same as those in UltraTax/1040. They tell UltraTax CS which method to use to determine the amount of the next year's estimated tax. If you enter
2
 through
8
 in the
Application of
2025
 overpayment
 field in the NJ Overpayment application section, UltraTax CS defaults to option
1
 in the
Estimates - declaration for
2026
 field. If both of these fields are blank, UltraTax CS doesn't generate estimate vouchers or estimate filing instruction information.
New Jersey vouchers are scannable. Printing blank vouchers isn't an option for UltraTax/1040-NJ.
Amounts for code 5 or 9: 1st - 4th payment
If you enter code
5
 in the
Estimates - declaration for
2026
 field, enter the desired quarterly payments in these fields. These amounts are adjusted by the overpayment applied, if applicable, and print on the vouchers.
If you enter code
9
 in the
Estimates - declaration for
2026
 field, enter the desired quarterly payments in these fields. These amounts aren't adjusted by the overpayment applied.
Amounts for
2026
 estimates paid: 1st - 4th payment
If you enter code
1
,
2
,
3
,
6
, or
8
 in the
Estimates - declaration for
2026
 field, enter the amount already paid for each quarter in the
2026
 Estimates paid
 field. These amounts and the overpayment applied subtracts from the calculated quarterly gross estimated tax liability to determine the net voucher amounts.
Change residency on voucher (Force): 1st - 4th payment
Vouchers assume you are filing the same tax return each year. Taxpayers moving into or out of New Jersey who need to file both resident and nonresident vouchers can choose to route the payment to the resident or nonresident return.
note
New Jersey doesn't credit vouchers marked for one return to the other. Making estimate payments to the wrong type of return will require filing 2 returns the following year to get a refund of estimates paid for the wrong return.
Tax projection options for code 8
If you enter code
8
, Use tax from Projection Worksheet, in the
Estimates - declaration for
2026
 field, select an option in this field to customize the tax used to calculate next year's estimates. UltraTax CS automatically adjusts the projected tax liability based on the option you select. To produce a specific refund amount, enter that amount in the
Amount of refund desired
 field.
Number of
2026
 vouchers desired
The number of estimate vouchers defaults to
4
. Enter a code to specify fewer than 4 vouchers. The overpayment and amounts already paid toward next year's estimates are applied to each voucher based on the overpayment code and the quarter in which the amounts were paid.
Amount to round up each estimate
This field allows entry of rounding specifications for the estimated payments. The estimated payments can be rounded up to the nearest factor indicated. For example, to round up each estimated payment to the nearest $10, enter
10
. If this field is blank, UltraTax CS automatically rounds each estimated payment up to the next dollar.
Treat 4th quarter estimate as due on 12/31/
2026
Use this field to indicate in the filing instructions that the fourth quarter estimate is due by 12/31. A global default is available for all new clients for all state returns. To choose this option, select
Setup
,
1040 Individual
, the
Federal
 tab,
New Client Options
, and enter
X
 in the
Treat the 4th quarter state estimate as due on December 31st
 field.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close