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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 shareholder basis calculations.
Why aren't the Shareholder's Basis Worksheets printing?
How does UltraTax CS calculate the gain recognized on excess non-dividend distributions?
How does UltraTax CS calculate the gain recognized on repayment of a shareholder loan?
How does UltraTax/1120 calculate the gain recognized on repayment of a shareholder loan when the shareholder has more than one loan to the S Corporation?
When does the Loan basis restored line calculate on the Shareholder's Basis Worksheet?
Where do I enter losses that were disallowed by basis limitations from prior years?
How does UltraTax CS allocate losses between stock and loan basis?
Why aren't distributions reducing the Shareholder's loan basis?
How do I use the fields in the Loan tab?
How is the principal amount of loan owed to shareholder at the end of the year calculated?
Related topic: 1120 frequently asked questions
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