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.
The following includes answers to common questions about interest charge domestic international sales corporate returns.
How do I generate Form 1120-IC-DISC?
Why doesn't an extension print for 1120-IC-DISC returns?
Where do I enter the shareholders of the IC-DISC?
Why isn't UltraTax/1120 calculating taxable income for the corporation?
Why isn't UltraTax/1120 calculating Schedule A?
Does UltraTax/1120 automatically transfer any information to Schedule M-1 for IC-DISC returns?
Does UltraTax/1120 apply an ordering for actual distributions?
Does UltraTax/1120 apply an ordering for a deficit in earnings and profits?
Where are the Related Supplier Information amounts entered on Screen DISC P used on the return?
Why isn't the method used for intercompany pricing rules marked on the first page of the return?
Can Form 1120-IC-DISC be electronically filed?
Related topic: 1120 frequently asked questions
Was this article helpful?
Thank you for the feedback!