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.
Click the type of property below for details on how UltraTax CS builds the CA treatment for that type of property in 1120 C clients.
Real estate acquired 12/31/70 or earlier - New
Real estate acquired 12/31/70 or earlier - Used
Real estate acquired 1/1/71 or later - Residential Rental - New
Real estate acquired 1/1/71 or later - Residential Rental - useful life 20yrs or more - Used
Real estate acquired 1/1/71 or later - Residential Rental - useful life of less than 20yrs - Used
Real estate acquired 1/1/71 or later - Commercial and Industrial - New
Real estate acquired 1/1/71 or later - Commercial and Industrial - Used
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