FAQ – F1120 Tax Program Questions

1. 1. I am printing a prior year F1120 return, I get the message: You must enter the correct interest rate for the Period beginning 7/01/xx under the “Setup | Interest Rate” menu item. Note, you will also get this message for any returns printed after June 30, 20xx.

” src=”/CuteSoft_Client/CuteEditor/Images/anchor.gif”>1. I am printing a prior year F1120 return, I get the message: You must enter the correct interest rate for the Period beginning 7/01/xx under the “Setup | Interest Rate” menu item. Note, you will also get this message for any returns printed after June 30, 20xx.

Make the change in the current Program Year. Calculations are based on the interest rate that you enter.

1. Select any F1120 client and go into the F1120 Program.
2. From the Setup Menu, select Interest Rates.
3. Enter the correct interest rate in the July thru December field.

NOTE: If at any time you run into a problem that you cannot easily solve, please call SAXTAX Technical Support: (772) 337-2921.