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.

If preparing a return for a member to be included in a New York (or New York City) combined return, you must complete apportionment for all such members at the separate company level, even those that are 100 percent in-state. UltraTax CS combines data from all members to calculate the combined apportionment factor. Use the elimination client to eliminate any inter-corporate transactions. To enter apportionment, choose View > Apportionment.

Related topic: 1120 New York frequently asked questions

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