1040-US: Inactive activity

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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

How do you code an activity as inactive in UltraTax CS?

Answer

To mark a Schedule C, Rental, Farm, Farm Rental or K1 activity as inactive, follow these steps:

  1. Access the applicable screen C, Rent, F, 4835 or K1-2.
  2. Mark the Inactive activity for 2017 checkbox.

Note: Any information entered for an activity designated as inactive will not be included on the return and will not be included in the electronic file.

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