Partner Data Entry > Oklahoma tab

Show expandable text

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

Oklahoma information group box

Date acquired ownership

Enter the date the partner first acquired ownership in the partnership for Form 561P.

Composite information group box

Composite filer

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

Withholding information group box

Withholding exemption filed in prior year

Mark this checkbox to exempt this partner from withholding on distributed income. UltraTax CS automatically marks this checkbox on proforma if the return was completed using UltraTax CS and the Prepare withholding exemption affidavit field was marked in the prior-year return.

Prepare withholding exemption affidavit

Mark this checkbox to prepare Form OW-15, Nonresident Member Withholding Exemption Affidavit.

Revoke withholding exemption

Mark this checkbox to revoke an exemption made in a prior year. UltraTax CS prepares Form OW-15.

Date of previous election

Enter the date of the previous election.

Phone number

Enter the partner's phone number for Form OW-15.

Related topic: Partner Data Entry > State tabs

Was this article helpful?

Thank you for the feedback!