How do I generate an extension for a 1040 return using interview forms?
The video below shows how to create a 1040 extension and where to enter adjustments and overrides using interview form view in CCH® Global fx Tax and CCH® ProSystem fx® Tax.
There are two methods for creating extensions extension in a return.
With this method, the system uses information already present in the return to generate the Form 4868 and amounts.
With this method, you designate the amounts that flow to the Form 4868.
There are two methods for creating extensions extension in a return.
- Method 1: Generating an Automatic Extension.
- Method 2: Entering information to fill out the extension.
Method 1: Generating an Automatic Extension - [Return]
With this method, the system uses information already present in the return to generate the Form 4868 and amounts.
- Go to Federal Interview Form 4 - Form Printing Options.
- In Box 36 - Form 4868 (automatic extension of time to file), use the lookup feature (double-click or click F4) to select code 2 - Mandatory extension.
- In Box 37 - State Extension, use the lookup feature (double-click or click F4) to select code 2 - Mandatory extension (if applicable).
- Calculate the return.
Method 2: Entering information to fill out the extension - [Return]
With this method, you designate the amounts that flow to the Form 4868.
- Go to Federal Interview Form EXT-1 - Form 4868/2350 - Application for Extension of Time to File Return.
- In Boxes 30-36 - General Information, enter information as applicable.
- In Boxes 40-62 - Form 4868 Information and Extension Granted to Due Date Print Option - Federal, enter information as applicable.
- In Boxes 41-66 - Form 4868 Information and Extension Granted to Due Date Print Option - State, enter information as applicable.
- In Box 58 - State, use the lookup feature (double click or click F4) to select the appropriate state code.
- Note: If more than one state extension is needed, go to Forms > New Sheet and enter the next states information. Continue this process for each additional state.
- Calculate the return.
Solution Id | 000200212/sw1977 |
---|---|
Direct Link |