1041 Virginia 770 letter

[BethP]

The standard client letter coding does not pick up that there is a balance due to Virginia. It only picks up the estimated payments. Please fix this so that the letter works.

Also, the Form 770-PMT is not available in Proseries. This voucher allows the fiduciary to pay a balance due by check after e-filing.

Thanks.  

[Accountant-Man]

That stinks, but can you modify the VA 1041 letter to include the tax due?

[BethP]

Yes, it can be edited manually each time, but the current letter coding does not recognize that there is a balance due, so there is no way to edit the letter template to reflect a balance due.

[sjrcpa]

Doesn't VA require electronic payment? Hence no voucher?

[BethP]

Even if that were the case, shouldn't the letter state "You have a balance due to Virginia of $xxx. Payment must be made electronically at tax.virginia.gov"  The letter does not indicate a balance is due.

It was the case for a short period of time (2017 and 2018 tax years), when a waiver was required for a fiduciary to pay other than electronically, but that changed for tax year 2019. Here is a link to the VA tax website https://www.tax.virginia.gov/fiduciary-income-tax which states:

Return Payments

If paying after you file your return, you can make an electronic return payment using the 770-PMT eForm or Web Upload. 

If you prefer to pay by mail, complete the 770-PMT voucher and send it to us with your check or money order.

[Accountant-Man]

You can edit and save the template.