Re: Lacerte CA PTET S-Corp Auto-Debits

Karl · ‎02-22-2024

S-Corp Screen 3.1 codes 142 & 143 now appear to allow for auto-debit of PTET. This is awesome!

Client letter and Form 8453-C both indicate they'll be auto-debited.

Client has signed, and now I've submitted e-file. I e-filed the base return and the quarterly franchise tax estimates (i.e., I used both e-file wizards). E-file wizards did not display the PTET payments being auto-debited. They do appear to be there in the Efile menu>efile support tools>view efile.

So I guess this is jointly an ask and an FYI. Wondering if anyone else has gotten further than this and seen confirmation of auto-debits in the client acceptance letter?

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Karl · ‎02-22-2024

Well, efile has completed.

The efile acceptance letter specifies that PTET auto-debits WILL happen.

But hitting F4 to look at efile status does NOT show those payments.

So I'm going to operate as if they'll auto-debit, but I'll be birddogging MyFTB and the client's QB bank feeds to make sure they happen.

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View solution in original post

amec · ‎02-23-2024

Would love to know if this actually works. Please update us when you see the payment go through.

Karl · ‎03-27-2024

Update: both my own and this client's S-Corp PTET pmt auto-debit successfully transmitted!

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amec · ‎03-27-2024

Are they recorded correctly on the FTB site?

Karl · ‎03-27-2024

Good follow-up question, I just checked, and yes, they are! Yay!

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