Locations to enter federal and state estimated taxes (1041)

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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Federal estimated taxes

Enter federal estimated taxes in the federal return's Payments folder.

  • Use the Est tab to request vouchers for the next year. See Calculating next year's estimates.
  • Use the PayExt tab to do the following:
    • Enter amounts paid or applied to the current year.
    • Allocate estimates paid to the beneficiary instead of Form 1041. 
  • Use the Pen tab to enter information for the underpayment of estimated tax.

State estimated taxes

Enter state estimated taxes in the federal and state Payments folder.

  • In the federal return, use the StPmt tab to do the following:
    • Enter amounts paid or applied to the current year. You enter this information in the federal return so UltraTax CS includes it in the deduction calculations.
    • Allocate CA, HI, NY, or SC estimates paid to the beneficiary instead of the state return. 
  • In the state return, use the state StateEst tab to request vouchers for the next year.
  • In the state return, use the state StatePay tab to enter information for the underpayment of estimated tax. 

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