1065-US: Entering data in the last ownership period in Interim Closing Annualization (FAQ)

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Question

I cannot enter data in the last ownership period in the Interim Closing Annualization dialog. Why?

Answer

UltraTax CS automatically calculates the income for the last ownership period as the total amount less amounts entered in the previous ownership periods.

Related topic: Interim closing annualization FAQs (1065)

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