Tax Code number

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Important reminder!

Licenses for Payroll CS, Trial Balance CS, and Write-Up CS (but not Engagement CS) permanently expired on March 1, 2017. CSA will not include 2017 tax rates or payroll forms, so, for 2017 and beyond, you will need to process payroll in another application. We recommend Accounting CS Payroll and myPay Solutions. For more information, see the following topics.

The tax code number is used in the data-exchange interface from CSA to UltraTax CS or from CSA to GoSystem Tax RS to associate the balances from specific general ledger accounts for tax reporting. It allows UltraTax CS or GoSystem Tax RS to carry the general ledger balances to the proper lines on the appropriate tax forms.

The options that are available in the drop-down list for this field are based on the client's entity type, as selected on the General Ledger tab of either the File > Client Properties dialog or the File > New Client dialog.

For a new general ledger account: When adding an account, you may choose the appropriate tax code number by selecting it from the drop-down list.

For an existing general ledger account: Displays the tax code assigned to the account currently highlighted in the Chart of Accounts listview pane. To change the tax code number, click the Edit button and then choose the appropriate tax code number by selecting it from the drop-down list.

For GoSystem Tax RS users

Please note that to import account balances and related tax grouping information from CSA into GoSystem Tax RS, you also need to use the Trial Balance Bridge.

For Write-Up CS users transitioning from WS2

In Write-Up CS, the tax code number functions in place of the Tax Line Grouping number (TLGs) entered in The Write-Up Solution II (DOS). You do not need to update the tax code number in response to tax forms changes because the UltraTax CS software or GoSystem Tax RS software will handle that automatically (beginning with tax year 1999).

Notes

  • Invalid Tax Codes: A red bar next to a tax code indicates that it is invalid based on the current year's forms. This serves as a reminder that the tax code needs to be updated before the tax forms are printed.
  • Valid Tax Codes: All valid, three-digit tax codes for the selected client's business type are available in the drop-down list for the Tax Code field. Additional valid entries are as follows:
    • Manually enter 1 or 2 prefix digits in the Tax Code field (xxxx or xxxxx) to designate the input screen location for multiple-unit entities. For example, assume you are transferring a farm's utilities expense amount to the UltraTax CS Farm input screen. If the proper tax code number for the first unit's utilities is 1632, you would transfer the second unit's utility amount with a tax code number of 2632.
    • Manually enter five 8s (88888) as the tax code number if you want the account to print in the Tax Code Report but not transfer to UltraTax CS, GoSystem Tax RS, ProSystem fx, or Lacerte.
    • Manually enter five 9s (99999) as the tax code number to have it neither print on the Tax Code Report nor transfer to UltraTax CS, GoSystem Tax RS, ProSystem fx, or Lacerte.

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