2018 UltraTax CS
New (tax) year, new help!
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.
To view the complete contents of tax elections, see Create and edit tax elections.
The following is a summary of each tax election.
| No. | Description | Paragraph summary |
|---|---|---|
| 2 | Section 529 Qualified Tuition Programs | IRC section 529 election to treat a contribution to a Qualified Tuition Program / Plan as made ratably over 5 years. |
| 3 | Automatic GST Allocation - Direct Skip | IRC section 2632(b) election to not allocate GST exemption to a direct skip gift. |
| 4 | Automatic GST Allocation - Indirect Skip | IRC section 2632(c) election to not allocate GST exemption to an indirect skip gift. |
| 5 | Automatic GST Allocation - ETIP | IRC section 2632(c) election to not allocate GST exemption to a prior year ETIP gift. |
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