1120-US: Processing a consolidated / combined client return using the state and city tax accrual option (FAQ)

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

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


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

Question

Can I process a consolidated / combined client using the state and city tax accrual option?

Answer

No, the federal, state, and city tax accrual options are not available for consolidated / combined clients. Although these features can be selected for member clients, the accrual is based on the member's independent data and does not take into consideration any impact of the consolidated / combined adjustments to the tax actually assessed at the consolidated / combined level.

Related topic: 1120-US: Tax accrual FAQs

Share This