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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Question

Why isn't UltraTax CS/1120 calculating Schedule A for the IC-DISC?

Answer

UltraTax CS/1120 calculates Schedule A if you enter data in any of the following fields in Screen DISC A: Beginning inventory (Force), Purchases, Cost of labor, Section 263A costs, Meals and entertainment, Other costs, Ending inventory (Force), a method used to value inventory, or if you entered Cost of Goods Sold depreciation in the asset module or in Screen 4562.

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