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How do I get the DMI48 system to use LCU “Hot” underpayment interest rates?

April 26, 2017hot interest rates lcu system underpayment

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How do I get the DMI48 system to use LCU “Hot” underpayment interest rates?

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You must have an InterestNet Base Case linked to the DMI48 using the identical TIN. The Module Desc field in InterestNet must be blank. To activate the LCU “hot” interest rates for a specific tax year, access the Edit module function from the Update Modules screen in InterestNet. Check the box to the left of Large Corporate Underpayment Interest to activate the “hot’ interest rates for that tax year. If you want to have “hot” interest rates begin on March 1, 2006, simply enter 03/01/2006 in the window next to LCU date.