Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Federal input screens

Screen 8752 - Required Payment or Refund under Section 7519 (1120)

Show all hidden content

Required Payment or Refund

Base year ending
The base year is defined as the tax year preceding the applicable election year. The applicable election year is any tax year for which a section 444 election is in effect, including the first tax year for which the election is made.
Number of months if short base year
The application uses the
Number of months if short base year, Net income for base year
, and
Payments made during base year
 fields to increase the base year net income as projected for a full 12 months.
Excess required payments over refunds received for all prior years
Enter the excess of the required payments made over the amount of refunds received for all prior years. The application proformas the amount entered in this field plus any required payment due for the current year, less any refund for the current year.
If activating back-up Section 444 election, enter date request was denied
This date is used to determine the due date in the filing instructions for Form 8752.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close