1120-US: Calculating Form 6198 for consolidated clients (FAQ)

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

Question

Why isn't Form 6198 calculating for a consolidated client?

Answer

Each member of the consolidated client, with the exception of the eliminations client, must have the Closely held corporation field marked in Screen 1120.

Related topics

Share This