Screen MAUTPW - Massachusetts Tax Projection (1120)

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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 Massachusetts 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 do not expect a difference, leave the field blank to allow the current-year amount to automatically transfer to the next-year column of the Massachusetts Tax Projection Worksheet. However, fields that are marked with an asterisk (*) in Screen MAUTPW will not automatically transfer the current year amount.

Excise Tax

Non-income measure of excise (Force)
The application automatically calculates the non-income measure of excise for next year by applying the current year tax rates to the projected taxable tangible property and taxable net worth. Use this field to override this calculated amount, if needed.

Payments

2025
overpayment credited
2026
(Force)
Enter the amount of current year overpayment that will be credited to next year. If this field is blank, the application defaults to the amount credited to next year’s estimated tax from the current year return.
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 the
2026
estimate amounts, plus any additional amounts paid that are entered in the
Next year estimates already paid
fields in Screen MAUEst.

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