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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.
Question
How is the Total amount determined in the Interim Closing Annualization dialog?
Answer
The Total amount represents the amount of each item that can be distributed to partners on Schedule K-1 or other partner forms. These amounts are derived from data in the return's input screens.
Related topic: Interim closing annualization FAQs (1065)
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