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Use the state tabs in the Shareholder Information window to enter state-specific information for shareholders. State tabs appear only if you have added states to the return.

To update a shareholder's state-specific information, click that shareholder in the Shareholder Information window, and then click the appropriate state tab.

Fields & buttons

Georgia information group box

If the shareholder is a nonresident, enter a code from the following table or select the code from the drop-down list to indicate the type of nonresident filing to be made by the shareholder. If the shareholder is a nonresident, UltraTax CS defaults to withholding and consent agreement on file for the shareholder.

Code Description
1

Withholding and consent agreement on file (default)

Select this option to indicate the shareholder is subject to withholding on Form G-2-A and an affidavit is already on file. This is the default filing for nonresident shareholder when a code is not selected from the drop-down list. 
2

Withholding and consent agreement required

Select this option to indicate the shareholder is subject to withholding on Form G-2-A and an affidavit is required for the nonresident shareholder. UltraTax CS completes Form 600S-CA.
3

Exempt from withholding and consent agreement on file

Select this option to indicate the shareholder is exempt from withholding and an affidavit is already on file.
4

Exempt from withholding and consent agreement required

Select this option to indicate the shareholder is exempt from withholding and an agreement is required for the nonresident shareholder. UltraTax CS completes Form 600S-CA.
5

Composite filer and consent agreement on file

Select this option to indicate the corporation is filing a composite return on behalf of the nonresident shareholder and an agreement is already on file. UltraTax CS completes Form IT CR for participating nonresident shareholders.
6

Composite filer and consent agreement required

Select this option to indicate the corporation is filing a composite return on behalf of the nonresident shareholder and an agreement is required. UltraTax CS completes Form IT CR for participating nonresident shareholders and completes form 600S-CA.

Enter the shareholder's country of residence. UltraTax CS transfers this information to Form 600S-CA.

The shareholder's resident state is displayed in this field.

Enter the state in which the shareholder was a part-year resident. Use this field if you are processing multiple state returns for this client. If applicable, the state uses this information to determine part-year residency status. Enter the state postal code or select the code from the drop-down list.

Enter the dates for which the shareholder was a resident of the part-year state above. Use this field if you are processing multiple state returns for this client. If applicable, the state uses this information to determine part-year residency status.

UltraTax CS provides this statement dialog for supplemental information specific to each shareholder and corresponds to Georgia's Shareholder Worksheet. Use this statement dialog for items that are not pro-rata. If you have pro-rata items that need to be reported to each shareholder, use Screen GAKSep. UltraTax CS prints the information you enter in this statement dialog in a supporting statement on Georgia's Shareholder Worksheet.

Composite return group box

If the shareholder is an individual composite filer, enter a code from the following table or select the code from the drop-down list to indicate the option to compute composite tax. UltraTax CS uses this information to complete the Georgia Composite Tax Computation Worksheet and Form IT-CR - Georgia Nonresident Composite Tax Return. If you leave this field blank, UltraTax CS uses option 2 if the shareholder is an individual composite filer.

Code Description
1

Option 1

Select this option to pay tax on the nonresident’s income from Georgia operations computed from the tax rate schedule.
2

Option 2 (default)

Select this option to deduct the standard deduction and personal exemption and credit for dependents when computing tax on the nonresident’s income from Georgia operations. Both the standard deduction and personal exemption and credits will be apportioned on the ratio of the individual shareholder’s Georgia income to the individual shareholder’s share of total S Corporation income. This is the default option for nonresident individual shareholders when a code is not selected from the drop-down list. 
3

Option 3

Select this option to calculate a flat 6% tax on the nonresident’s income from Georgia operations.

Enter the individual composite shareholder's number of dependents when choosing option 2 to compute composite tax.

Enter the code for the composite shareholder's filing status from the following table or choose the code from the drop-down list. UltraTax CS uses this information to complete the Georgia Composite Shareholder Worksheet and Form IT-CR - Georgia Nonresident Composite Tax Return. If you leave this field blank, UltraTax CS uses the single filing status.

Code Description Name
S Single (default)
M Married
HH Head / Household
MS Married / Separate

Withholding information group box

UltraTax CS calculates the tax due on distributions to a nonresident shareholder based on property distributions from federal Schedule K-1. Enter an amount in this field to force the shareholder's taxable distributions to a different amount. If an amount less than $1,000 is entered in this field, the shareholder is deemed not subject to withholding and Form G-2-A will not print for the shareholder.

UltraTax CS calculated the tax withheld on the taxable income of nonresident shareholders. Enter an amount in this field to force the nonresident shareholder's tax withheld to a different amount.

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