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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.

Per Form NYC-3L instructions regarding eligible small firms, Schedules E, F, and G and the alternative tax worksheet are not required to be completed if the corporation is exempt from alternative tax on capital and entire net income. Therefore, UltraTax CS does not complete Form NYC-3L; Schedules E, F, and G; or the alternative tax worksheet if federal gross income is less than $250,000, business allocation is 100 percent, and there is no investment and subsidiary capital or income.

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