Partner Data Entry > Montana tab

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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.

Use the state tabs in the Partner Information window in Partner Data Entry to enter state-specific information for partners. State tabs appear only if you have added states to the return.

To update a partner's state-specific information, click that partner in the Partner Information window, and then click the appropriate state tab.

Fields & buttons

Montana information group box

Publicly traded partnership

Mark this checkbox if the partner is a publicly traded partnership. UltraTax CS will not calculate withholding tax. This checkbox is only available to partnership partners.

Domestic 2nd tier pass through entity

Mark this checkbox to include this partner in the Form PT-AGR owner tax agreement.

Composite filer

Mark this checkbox to include this partner in the composite return filing for Schedule IV.

Prepare Form PT-AGR in current year

Mark this checkbox if the partnership is filing Form PT-AGR for this partner in the current year. UltraTax CS will prepare Form PT-AGR and will not calculate withholding tax.

Phone number

Enter the partner's phone number for Form PT-AGR.

Name and title of signatory

Enter the name and title of the person signing Form PT-AGR for corporate and foreign government partners.

Prepare Form PT-STM in current year

Mark this checkbox if the partnership filed Form PT-STM and received a conditional waiver for this partner in the current year. UltraTax CS will not calculate withholding tax.

Year Form PT-AGR filed

Enter the year in which Form PT-AGR was prepared for Schedule III. Enter the current tax year if the partner prepared and filed Form PT-AGR. UltraTax CS will not prepare Form PT-AGR and will calculate withholding tax.

Withhold when not required

Mark this checkbox to calculate withholding tax for the partner on Form PR-1, even if not required. This checkbox is available only to resident individual, corporation, estate, trust, and grantor trust partners and all publicly traded partnership, exempt organization and IRA partners.

Related topic: Partner Data Entry > State tabs

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