hlp
Level 1
11-10-2021
04:45 PM
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I am preparing a 2018 tax return. The client had her bank account levied by the franchise tax board. where do I enter that payment?
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abctax55
Level 15
11-10-2021
05:20 PM
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I would put it as "Additional Estimated Tax Payments" - Screen 6.
I'm not sure if you can enter a recent date; you may have to fudge one. There's no way the software will compute the penalties/interest correctly any way, so warn your client there will be additional amount owed.
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BobKamman
Level 15
11-10-2021
05:32 PM
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Is this an original return, or an amendment to a "substitute for return" that CFB prepared? Was the levy in 2018, or was it just for 2018 taxes? Is she itemizing deductions on the state return?
