Adding states to Fixed Assets CS clients controls which property tax associations can be enabled for a client.
Adding states to Fixed Assets CS clients
- You can manually add states to clients through the Setup > Situses dialog.
- States are automatically added for:
- any state return attached to the client in UltraTax CS.
- the residence state that is entered for UltraTax/1040 and UltraTax/1041 clients.
- the address state that is entered for UltraTax/1065 and UltraTax/1120 clients.
- the state postal code that is entered on an UltraTax CS input screen for a multiple-unit activity.
- the situs that is assigned to a multiple-unit activity.
- any situs to which you assign an asset during asset data entry.
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