Screen ARFT - Arkansas LLC Franchise Tax Report (1065)

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General Information

Date return filed
If the date you enter is later than the return due date, the failure to file penalty and late-payment interest calculate automatically. If this box is blank, UltraTax CS defaults to the original due date of the return. UltraTax CS prints interest and penalty amounts on the LLC Franchise Tax Report.
Suppress penalties on return: Late interest
Enter
X
to suppress the late payment interest on the return. UltraTax CS prints the AR Franchise Tax - Late Filing Interest and Penalty Worksheet if this box is blank and late interest is due. The AR Franchise Tax - Late Filing Interest and Penalty Worksheet will also print if the
Failure to file
box is blank and a failure to file penalty exists.
Suppress penalties on return: Failure to file
Enter
X
to suppress the failure to file penalty on the return. UltraTax CS prints the AR Franchise Tax - Late Filing Interest and Penalty Worksheet if this box is blank and the failure to file penalty is due. The AR Franchise Tax - Late Filing Interest and Penalty Worksheet will also print if the
Late interest
box is blank and late payment interest exists.
note
UltraTax CS prints the AR Franchise Tax - Late Filing Interest and Penalty Worksheet when penalty or interest exist. If the
Late interest
and
Failure to file
checkboxes are all marked, the AR Franchise Tax - Late Filing Interest and Penalty Worksheet will not print.

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