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?
Best Answer Click here
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.
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.
Would love to know if this actually works. Please update us when you see the payment go through.
Update: both my own and this client's S-Corp PTET pmt auto-debit successfully transmitted!
Good follow-up question, I just checked, and yes, they are! Yay!
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