Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Payment

Pay estimated tax payment for Form 1041-ES via EFW (1041)

To designate estimated tax payments from Form 1041-ES to be paid via electronic funds withdrawal (EFW), follow these steps:
  1. Open the
    Est
     screen, in the
    Payments
     folder, and select an option in the
    Next year declaration
     field to calculate estimated tax payments.
  2. Open the
    ELF
     screen, in the
    Electronic Filing
     folder, and select the quarters you want to pay the estimated tax payments via EFW in the
    Electronic funds withdrawal for estimated tax:
     fields.
  3. Open the
    Bank
     screen, in the
    General
     folder, and enter the bank account information.
  4. On the
    1041
     screen, enter the
    Telephone number
    .
  5. Review and correct all Critical and ELF Critical diagnostic messages. To do so, press
    Ctrl + D
    .
    note
    • The IRS will withdraw the funds on the designated due dates for the estimated tax payments selected.
    • Estimated tax payments for trusts can't be paid via EFW when transmitting an extension.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1041 Fiduciary
  • Tax jurisdiction: Federal
  • Subject: Payments

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close