Using states with Fixed Assets CS clients

Alerts and notices

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.