Screen INTPWS - Indiana Tax Projection (1120)

Show all hidden content

Overview

Use this screen to enter information you expect to be different for the next tax year. The application uses this data to calculate the Indiana Tax Projection Worksheet. This worksheet is based on current law and next year’s tax law differences (when known). Enter only the items you expect to be different for the coming year. If you don’t expect a difference, leave the field blank to allow the current-year amount to automatically transfer to the next-year column of the Indiana Tax Projection Worksheet. However, fields that are marked with an asterisk (*) in Screen INTPWS won’t automatically transfer the current-year amount.

Tax and Payments

Sales and use tax (Force)
The total tax for next year automatically calculates by applying the current year tax rates to the projected taxable income. Use this field to override this calculated amount, if needed.
Composite tax (Force)
The total tax for next year automatically calculates by applying the current year tax rates to the projected taxable income. Use this field to override this calculated amount, if needed.
Total withholding (Force)
The total withholding for next year automatically calculates by defaulting to current year amounts. Use this field to override this calculated amount, if needed.
2026
estimated payments (Force)
Enter the total amount of estimated tax payments that are projected for next year. If this field is blank, the application defaults to the sum of any payments reported on Form(s) IT-6 - Corporation Estimated Income Tax, plus any additional amounts paid that is reported under the
Next year estimates already paid
fields of Screen INEst.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close