Open topic with navigation

CCH Axcess Tax

Extensions

The Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, Form 4868, is prepared when an entry is made in any of Income tax liability - override field through Other payments and credits - override field. If none of these entries are applicable, a "2" may be entered on the General > Return Options worksheet > Form Printing Options section > Form 4868 (Automatic Extension of Time to File) field for preparation of Form 4868.

The Application for Extension of Time to File U.S. Income Tax Return for U.S. Citizens and Resident Aliens Abroad Who Expect to Qualify for Special Tax Treatment, Form 2350, is prepared when an entry is made in any of fields Code: Bona Fide Resident or Physical Presence through Foreign Home Address. Form 2350 is also prepared when a "2" is entered on the General > Return Options worksheet > Form Printing Options section > Form 2350 (Expatriate Extension of Time to File) field.

State extensions are prepared when entries are made in Income tax liability - override field through State use 2 field. Enter the state code in State code field and an "X" in Federal Form 4868 for State Indicated in State code field for a copy of the federal Form 4868 to be included with the state return. For those states that prepare their own extension, enter the state code in State code field and applicable amounts in Income tax liability - override field through State use 1 field and State use 2 field.

Extensions calculations automatically freeze after April 15th. In order to change the calculated extension amounts after April 15th, an override will need to be entered, return lock option "2" selected, or the force extension calculation option will to be selected. The return lock options may also be used to freeze calculation of extension(s) prior to their applicable due date(s).