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Lacerte CA PTET S-Corp Auto-Debits

Forum|Forum|2 years ago
February 23, 2024
2 replies
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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?

Lacerte Tax

Best answer by Karl

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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AuthorAnswer

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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.

*If this (or another answer/reply) solves your problem, please click "Accept as Solution" to get this post out of the "Unanswered" queue of posts.*

Level 5

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

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Author

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

*If this (or another answer/reply) solves your problem, please click "Accept as Solution" to get this post out of the "Unanswered" queue of posts.*

Level 5

Are they recorded correctly on the FTB site?