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This article applies to:

  • Product: UltraTax CS
  • Return type: 990 Exempt Organization

New Client Options window

Use this window to set options that will apply to all 990 clients subsequently added to UltraTax CS.
To open this window, select
Setup
,
990 Exempt Organizations
, the
Federal
 tab, then
New Client Options
.
note
  • Depending on your security configuration, you might be prompted to enter the master password before you can open any entity type's tab.
  • All of these options can be overridden on an individual client basis. For details, select the field-specific links below.

Fields and buttons

Estimates, Form 990-T (Screen EstT) group box
Overpayment application
Choose from this dropdown list to instruct UltraTax CS on how to apply any current-year overpayment for Form 990-T.
note
  • This option applies to all 990 clients subsequently added to UltraTax CS.
  • To set this option on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    Application of current year overpayment
     field on the
    EstT
     screen.
Next year's estimate declaration
Select the appropriate option from this dropdown list to indicate the method for UltraTax CS to use in determining the amount of next year's estimated tax.
note
  • This option applies to all 990 clients subsequently added to UltraTax CS.
  • To set this option on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    Next year declaration
     field on the 
    EstT
     screen.
Round estimates by
Enter the amount up to which you want to round estimated payments. The estimated payments will be rounded up to the nearest amount indicated.
Example:
 To round each estimate payment up to the nearest $10, enter
10
.
note
  • The application rounds each estimate payment up to the next dollar if nothing is entered here or in the
    Amount to round up each estimate
     field on the
    EstT
     screen.
  • This amount applies to all 990 clients subsequently added.
  • To set this amount on an individual client basis (or to override this amount for a specific client), enter the appropriate amount in the
    Amount to round up each estimate
     field on the
    EstT
     screen.
Estimates, Form 990-PF (Screen EstPF) group box
Overpayment application
Select the appropriate option from this dropdown list to instruct the application on how to apply any current-year overpayment for Form 990-PF.
note
  • This option applies to all 990 Private Foundation clients subsequently added.
  • To set this option on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    Application of current year overpayment
     field on the
    EstPF
     screen.
Next year's estimate declaration
Choose from this dropdown list to indicate the method to use in determining the amount of next year's estimated tax.
note
  • This option applies to all 990 Private Foundation clients subsequently added.
  • To set this option on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    Next year declaration
     field on the
    EstPF
     screen.
Round estimates by
Enter the amount up to which you want to round estimated payments. The estimated payments will be rounded up to the nearest amount indicated.
Example:
 To round each estimated payment up to the nearest $10, enter
10
.
note
  • The application rounds each estimated payment up to the next dollar if nothing is entered here or in the
    Amount to round up each estimate
     field on the
    EstPF
     screen.
  • This amount applies to all 990 Private Foundation clients subsequently added.
  • To set this amount on an individual client basis (or to override this amount for a specific client), enter the appropriate amount in the
    Amount to round up each estimate
     field on the
    EstPF
     screen.
Other group box
Create default unrelated business activity (ActivT screen)
Mark this checkbox to create an initial unrelated business activity when starting a new client. A 990T activity called "Unrelated Business Activity" will be added to the
ActivT
 screen. If needed, add an unrelated tax code and update the description on the
ActivT
 screen. If not needed, delete the activity from the
ActivT
 screen.
Print Tax Projection Worksheets (Screen TPW or TPWP)
Mark this checkbox to enable the tax projection worksheets for the 990 or 990PF returns. This option doesn't apply to the 990-T Projection worksheet.
note
To enable this choice on an individual client basis (or to override this option for a specific client), mark the 
Print Tax Projection Worksheet
 checkbox on the
TPW
 or
TPWP
 screen.
File the return electronically (Screen ELF)
Mark this checkbox to file the return electronically. This option doesn't apply to Form 990-T returns.
note
  • This option applies to all 990 clients subsequently added to the application.
  • To make this choice on an individual client basis (or to override this option for a specific client), mark the
    File Form 990 / 990-EZ / 990-PF return or 990-N postcard electronically
     checkbox on the
    ELF
     screen.
Print expense detail on Form 990, Part IX when not a Section 501c(3), 501c(4), or 4797(a)(1) trust (Screen Exp)
The completion of Form 990, Part II, columns B, C, and D is optional for organizations not classified under section 501(c)(3), 501(c)(4), or 4947(a)(1).
To display the information you entered for these columns, even when the organization is not required to complete these columns, mark this checkbox.
note
  • This option applies to all 990 clients subsequently added to UltraTax CS that are not section 501(c)(3), 501(c)(4), or 4947(a)(1) trusts.
  • To set this option on an individual client basis (or to override this option for a specific client), mark or clear the
    Print expense detail
     checkbox on the
    Exp
     screen.
Suppress preparer's EIN or PTIN on forms (if not a 4947(a)(1) trust) (Screen OthInfo/990PF)
To suppress the preparer's EIN or PTIN in the preparer's block section of the return, mark this checkbox.
note
  • This option applies to all 990 clients subsequently added to UltraTax CS, except for organizations that are section 4947(a)(1) trusts.
  • To set this option on an individual client basis (or to override this option for a specific client), mark or clear the
    Suppress: Preparer's EIN or PTIN on forms, if not a 4947(a)(1) trust
     checkbox on the
    OthInfo
     or
    990PF
     screen.
Exclude Schedule B from income (Contributor Information window)
Mark this checkbox to limit the use of contributor information to the calculation of Schedule B.
note
  • This option applies to all 990 clients subsequently added.
  • To set this option on an individual client basis (or to override this option for a specific client), mark or clear the
    Exclude Schedule B from income
     checkbox in the
    Contributor Information
     window (Go to
    View
    ,
    Contributor/Officer
    , then
    Contributor Information
    ).
Calculate Schedule A 2% limitation (Contributor Information window)
Mark this checkbox to use the contributor information to calculate Schedule A, Part II, Section A.
note
  • This option applies to all 990 clients subsequently added.
  • To set this option on an individual client basis (or to override this option for a specific client), mark or clear the
    Calculate Schedule A 2% limitation
     checkbox in the
    Contributor Information
     window (go to
    View
    ,
    Contributor/Officer
    , then
    Contributor Information
    ).
Tax return delivery method (Contact screen)
Select
Paper
,
Email
, or
File
 from the dropdown list to specify the delivery method. The method selected will be reported in the Return Delivery column of the Client
Communications
 screen (accessed from the
Setup
 menu).
note
  • You can view the selected tax return method in the client's
    Contact
     screen in the
    General
     folder.
  • This option applies to all 990 clients subsequently added to the application.
  • For clients whose data was converted from another tax application, the options set in this tab when you first open the client apply.
  • To set this option on an individual client basis (or to override this option for a specific client), choose the option from the dropdown list in the Return Delivery column in the
    Client Communications
     window (accessed from the
    Setup
     menu).
Mailing address for filing instructions (Letter screen)
UltraTax CS defaults to printing both the U.S. mail and the private delivery address in the filing instructions. To change this default, select the option from this dropdown list.
note
  • This option applies to all 990 clients subsequently added to the application.
  • To set this option on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    Mailing address for filing instructions
     field on the
    Letter
     screen.
Taxing authority may discuss return with preparer (OthInfo/990T screens)
Select either
Yes
 or
No
 from the dropdown list to have this response entered for the
May the IRS discuss this return with the preparer shown above
 question on Form 990, Page 1 or
May the IRS discuss this return with the preparer shown below
 on Form 990-PF, Page 13 or Form 990-T, Page 2.
note
  • This option applies to all 990 clients subsequently added.
  • The option selected here also applies to state returns that have an authorize to discuss question on the state form.
  • To answer this question on an individual client basis (or to override this option for a specific client), select the appropriate option from the dropdown list for the
    IRS may discuss return with preparer
     field on the
    990T
     screen.
Maximum amount for balance sheet rounding (Bal/BalPF screen)
Enter an amount to indicate the maximum out-of-balance threshold. the application performs an out-of-balance adjustment up to the amount you specify. It doesn't perform any adjustment if the balance sheet is out of balance by more than the amount in this field. UltraTax CS automatically creates an adjustment to accounts payable, or if there is no balance in accounts payable, UltraTax CS adjusts cash to correct an out-of-balance condition between assets and liabilities.
note
  • This option applies to all 990 clients subsequently added.
  • To set this option on an individual client basis (or to override this option for a specific client), enter a different tolerance in the
    Maximum amount for balance sheet rounding
     on the
    Bal
     or
    BalPF
     screen.

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