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.

To modify the Book treatment (or any other treatment) to follow IRS Notice 2000-4 and Reg. 1.168(i)-6, perform the following steps.

1. Open the Asset List window for an activity.
2. Choose Setup > Treatments.
3. Select the Book treatment.
4. Click the Options button.
5. In the Calculation tab of the Treatment Options dialog, select the desired option from the drop-down list in the Like kind exchange field. For information on the options available, see the Calculation tab overview.

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