Cart

CS Professional Suite & Onvio

Back to Training for CS Professional Suite

Class Listings

UltraTax CS

UltraTax/1040 Essentials 1 - ST

Level: Basic

The objective of this course is to walk through the fundamental data entry for individual returns using UltraTax CS. Topics include adding a client, overview of data entry navigation, entering general information, entering wages, interest and dividend data, entering itemized deductions and IRA contributions, entering Schedule C and Rental information, and reviewing and delivering returns. Individuals who take this course should have a basic understanding of Windows. No advanced preparation is required. This course requires a high-speed Internet connection. Target Audience: Professional Staff.

Course Objectives:

  • Identifying and using the features of the UltraTax CS Home Page
  • Navigating the input screens and form view of a client's tax return
  • Entering wages and income items, deduction and adjustment items, and activity items
  • Reviewing and delivering finalized returns

View Topics...

  • Entering general client information
  • Entering wages and stock / capital transactions
  • Entering interest and dividend income items
  • Processing Itemized Deductions
  • Tracking Traditional IRA Contributions
  • Entering Schedule C business income and expense
  • Reporting Home Office & Vehicle Depreciation
  • Entering Rental activity income, expenses and depreciable asset data
  • Reviewing amounts on the Forms and the Federal Return Summary
  • Reviewing interactive diagnostics
  • Printing selected forms and returns

Back to top