Screen MNLetter - Minnesota Custom Paragraphs, Elections, EFT (1041)

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Custom Paragraphs

Create custom paragraphs by selecting Setup, 1041 Fiduciary, Minnesota tab, then Filing Instructions, Instructions Insert, or Letter Insert, then select the Custom Paragraphs tab. If you selected a custom paragraph globally, it does not appear in the list of paragraphs available.
Number
Select a paragraph number from
Number
that corresponds to the custom paragraph you want to use for this client. Up to five custom paragraphs print in the client documents.
Description
displays the title of the selected paragraph.

Elections

Create election statements by choosing Setup, 1041 Fiduciary, Minnesota tab, then Tax Elections. UltraTax CS provides a blank election statement which you can customize, as many times as necessary, for specific needs.
Number
Enter or select the election number that corresponds to the election statement required for this client. Up to three election statements print with the return.
Description
displays the title of the selected paragraph.

Electronic Funds Transfer Filing Instructions

Tax return
Enter
X
to generate an electronic funds transfer (EFT) paragraph in the filing instructions when the tax due calculates.
Estimates
Enter
X
to generate an electronic funds transfer (EFT) paragraph in the estimate filing instructions when an estimated amount is due.
Extension
Enter
X
to generate an electronic funds transfer (EFT) paragraph in the extension filing instructions when an amount is due with the extension.

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