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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.
You can enter this form information using the UltraTax CS Source Data Entry utility. Otherwise, use the table below to enter form information on the appropriate input screens.
Form field | Folder > Screen | Field | Statement column |
---|---|---|---|
Payer's Name | Income > B&D | Interest Income | Description |
Recipient's TIN | Income > B&D | Interest Income | T S J |
Box 1 - Interest Income | Income > B&D | Interest Income | Interest Income |
Box 2 - Early withdrawal penalty | Income > B&D | Interest Income | Early W/D penalty |
Box 3 - Interest on U.S. Savings Bonds and Treas. obligations | Income > B&D | Interest Income | US Ob ($ or %) & taxable portion of U.S. Savings Bonds and Treas. Obligation to Interest Income |
Box 4 - Federal income tax withheld | Income > B&D | Interest Income | Fed W/H |
Box 6 - Foreign tax paid | Income > B&D | Interest Income | Frgn Tax Paid |
Box 7 - Foreign country or U.S. possession | Income > B&D | Name of foreign country or possession | N/A |
Box 8 - Tax-exempt interest | Income > B&D | Interest Income | Tax Exempt Amount |
Box 9 - Specified private activity bond interest | Income > B&D | Interest Income | AMT Int Inc |
Box 10 - Market discount | Income > B&D | Interest Income | Interest Income |
Box 11 - Bond premium | Income > B&D | Interest Income | Interest Income, Type code = 6 |
Box 13 - Bond premium on tax-exempt bond | Income > B&D | Interest Income | Enter net of Box 8 minus Box 13 in Tax Exempt Amount |
Box 15 - State |
Income > B&D | Interest Income | State |
Box 16 - State identification no. |
Income > B&D | Interest Income | State ID No. |
Box 17 - State tax withheld |
Income > B&D | Interest Income | State W/H |
Boxes 15, 16, and 17, second state | N/A | N/A | N/A |
Payer's Name | Itemized Deductions > A | Interest Expenses | Description |
Recipient's TIN | Itemized Deductions > A | Interest Expenses | T S J |
Box 5 - Investment expenses | Income > B&D | Interest Income | Inv Exp |
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