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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.
Use the Apportionment Information window to enter apportionment data in one place for all states. UltraTax CS uses this information to complete the apportionment factor for income subject to apportionment. In general, business income is apportioned and non-business income is allocated. State law determines the type of income that is apportioned.
To open the Apportionment Information window, choose View > Apportionment or press CTRL+B with a 990 client open. Note that you must have a state return attached to this client to open this window. See Adding a state or city return for a client.
Components of this window
Apportionment Information menu
Apportionment Information toolbar
Apportionment spreadsheet (consisting of the Property, Payroll, and Sales tabs)
Notes
- If necessary, you can override the amount in the Everywhere / (Override) column for all states or on a state-by-state basis.
- Some fields on the state columns have statement dialogs in which you can enter detailed information for the factor's component. UltraTax CS uses the information you enter in the statement dialog's Everywhere column as the everywhere amount for that component. UltraTax CS ignores the amount in the Everywhere / (Override) column in the Apportionment spreadsheet for that component.
- Detailed asset data entry allows you to classify assets for the property factor and automatically transfers the beginning-of-year and end-of-year amounts to the corresponding field in the Property tab.
- You can import data from an Excel spreadsheet or the Windows Clipboard into a statement dialog.
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