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Screen CALLCBnk - California Single Member LLC - Direct Deposit, EFW (1040)

Overview

For electronically filed returns, use the CALLCBnk Screen to complete electronic funds withdrawal information for a balance due on the current-year LLC return and to enable electronic funds withdrawal for next year's annual LLC tax payment and estimated fee.
  • Bank information for LLC returns does NOT default to information entered in federal Screen Bank or Screen CABank.
  • California Franchise Tax Board does not support direct deposit for LLC returns.
  • UltraTax/1040-CA does not support electronic funds withdrawal for LLC extensions.

Activity Information

This section displays the entity information for activities included in the Limited Liability Company. The
Activities included in LLC
 statement dialog lists all federal activities included in the LLC. If no data is present in the statement dialog, the LLC is a state unit only and no federal data entry is transferred to the LLC. Refer to the California FAQs for detailed information on creating LLC activities.

Electronic Funds Withdrawal Information

Use this section to indicate the California LLC option for electronic funds withdrawal (direct debit) for balance due on current-year LLC return as well next year's annual LLC tax payment and estimated fee. The requested withdrawal details are reported on California Form 8453-LLC, California e-file Return Authorization for Limited Liability Companies.
Use this field to elect electronic withdrawal of funds for a balance due on the current-year return. UltraTax CS does not default to direct debit of the LLC balance due when the federal return is marked for direct debit. If this field is not enabled, no withdrawal will occur.
Use these fields to provide a date and amount authorized for automatic withdrawal of funds for payment of balance due returns different from the total amount due and the original due date. When filing on or before the original due date of the return, the requested date of withdrawal defaults to the original due date. Use the
Date of withdrawal
 field to provide a requested withdrawal date if different from the original due date.
When filing after the original due date, enter the anticipated filing date here. If the withdrawal date entered is later than the anticipated filing date, the return will likely get rejected. The taxing authority will initiate a withdrawal when the return has completed processing.
When filed on or before the original return due date, the taxing authority cannot initiate a funds transfer prior to the requested withdrawal date. The actual transfer of funds may occur on or after the requested date. Delays of several days are not uncommon.
Enter
X
 to include direct-debit information for Form 3522 tax payment (for
2024
) in the electronic file. The date of withdrawal included in the electronic file is the date of the direct debit for the balance due on the current-year LLC return.
UltraTax CS automatically clears an entry in this field when the
Amended return
 field is marked on CALLCGen Screen. You must manually re-enter data here upon amending a return in order to authorize direct debit of next year's annual tax payment in the electronic record for the amended LLC return.
Use these fields to authorize automatic withdrawal of funds for payment of
2024
 estimated tax. Enter payment information in CALLCExt Screen.
UltraTax CS automatically clears an entry in these fields when the
Amended return
 field is marked in the CALLCGen Screen. You must manually re-enter data here upon amending a return in order to authorize direct debit of next year's estimated fee in the electronic record for the amended LLC return.

Account Information

Use this section to enter the account information for electronic funds withdrawal.
Bank account information does not default to information entered in the CABank Screen or federal Bank Screen. Account information in these fields is used for all types of payments indicated in the electronic file.
Data entry in this field is required in order to consider the account information complete for UltraTax/1040 processing. If this field is left blank, the account will not be used. The routing transit number must be nine digits with the first two digits within the range of 01-12 or 21-32.
This field is used in filing instructions and forms to help identify the account.
Data entry in this field is required in order to consider the account information complete for UltraTax/1040 processing. If this field is left blank, the account will not be used. The account number may include digits and letters. Omit spaces, hyphens, and other special characters.
Data entry in this field is required in order to consider the account information complete for UltraTax/1040 processing. If this field is left blank, the account will not be used. Select the type of account from the drop-down list.
There are regulations affecting international electronic funds transfers processed though the automated clearing house (ACH) network. A domestic ACH transaction is a direct deposit to or withdrawal from an account in a U.S. financial institution. An international ACH transaction (IAT) is a direct deposit to an account in a U.S. bank that automatically forwards the refund to an account in a foreign financial institution, or a withdrawal from a U.S. bank account that receives the funds for that transaction from a foreign account. The account owner will know when an international transfer account has been established for them. Enter
X
 if the account identified is used for an IAT. Because state agencies cannot process an IAT, UltraTax CS suppresses the direct deposit or electronic funds withdrawal when this field is marked. This suppression is noted in the diagnostic messages and the account information is omitted from forms, client documents, and electronic returns. State agencies are tallying how many international transactions they will need to support in future years so the return will indicate that an IAT was requested.
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