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.
Question
Where do I enter the shareholders of the IC-DISC?
Answer
Enter shareholders in the View > Shareholder Information dialog. Complete the fields on the Shareholder tab and the applicable fields on the DISC tab. Complete the 4876-A tab if you are also filing the election to be treated as an interest charge DISC. Press F1 on any of the tabs in Shareholder Information for more information.
Related topic: 1120-US: Form 1120-IC-DISC - Interest Charge Domestic International Sales Corporation FAQs
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