1040-US: Preparing Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

Question

How do I prepare Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals?

Answer

On Screen 433 in the Payments folder, enter the Form 433-A filer in the T, S, J field and then enter 1 in the Type of Collection Information Statement field. The form will not calculate or print without data entry in these two fields.

Notes

  • Form 433-A pages 1-4 calculate based on information included in the tax return such as addresses and income/expenses as displayed on the Household Income and Expenses Worksheet, but data entry on Screen 433 supersedes tax return data for this separate filing. Refer to the Screen 433 help to ensure you enter relevant information; some fields are used only for Form 433-A (OIC) or Form 433-F.
  • If the Form 433-A filer is self-employed, enter the business information on Screen 433-2 in the Payments folder. Form 433-A pgs. 5-6 calculates based on information included in the tax return such as accounting methods and income/expenses as displayed on the Business Income and Expenses Worksheet, but data entry on Screen 433-2 supersedes tax return data for this separate filing. Refer to the Screen 433-2 help to ensure you enter relevant information, because some fields are used only for Form 433-A (OIC) or Form 433-F.

Related topic: 1040-US: Forms 433, 433-A, 433-A (OIC), and 433-F; Form 656; 433Wrk FAQs

Share This