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Tax & Accounting
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UltraTax CS
Provides a full line of federal, state, and local programs. Save time with tax planning, preparation, and compliance.
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SurePrep 1040SCAN
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Trade & Supply
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Risk & Fraud
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News & Media
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Account for EFT payment options in the filing instructions
You need to make all 1120 federal tax payments electronically, including extension and estimate payments. Select the correct electronic funds payment options in the Letter screen to print the correct filing instructions. UltraTax CS defaults to option 1 (ACH Debit) if you don't enter a code in the
EFT options used in filing instructions
fields. The codes selected in these fields control the text used in the filing instructions only. You need to make the EFT transaction outside of UltraTax CS.If you file the return electronically, you can pay the balance due on the return via electronic funds withdrawal (EFW). The Internal Revenue Service also allows the payment of corporate estimates via EFW when you file the return electronically.