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Payments and refunds

Tax Refund Worksheet isn't calculating

By default, UltraTax CS generates the
Tax Refund Worksheet
 to determine the taxability of refund amounts.
If the
Tax Refund Worksheet
 isn't generating and the full amount of refund entered on the
Refund
 screen is carrying to Form 1040 line 10, you'll need to review the following setup and enter items.

Verify that the
Print Tax Refund Worksheet if applicable
 option is selected.

  1. Select
    Setup
    , then
    1040 Individual
    .
  2. On the
    Federal
     tab, select the
    Other Return Options
     button.
  3. Select the
    Other
     tab.
  4. In the
    General
     section, verify that
    Print Tax Refund Worksheet if applicable
     is selected.

Verify that the
State and Local Income Tax Refunds Type
 code on the
Refunds
 screen isn't code 7 or 8.

  1. Go to the
    Refunds
     screen in the
    Income
     folder.
  2. Open the statement for
    State/local income tax refunds
    .
  3. In the
    Type Code
     column, verify that code 7 or 8 isn't selected.
note
  • When you select code 7 or 8, the total refund amount for this row automatically transfers to Form 1040, line 10 and won't be included on the
    Tax Refund Worksheet
    .
  • If you enter amounts in the
    State/local income tax refunds
     statement with code 7 or 8 and amounts with codes 1-6, the amounts for code 7 or 8 will transfer directly to Form 1040, line 10 and be added to the amount calculated on the
    Tax Refund Worksheet
     for amounts with codes 1-6.
  • If you enter an
    X
     in the
    2021 general sales tax deduction election
     field, line 1 of the Tax Refund Worksheet will show zero (0).

This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual

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