2018 UltraTax CS
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.
Taxpayers with Aggregate Gross Receipts (AGR) less than $1,000,000 are allowed to exclude trade or business income, related positive and negative adjustments, and certain preference items when figuring alternative minimum taxable income (AMTI). See Screen CAAMT for further information.
Note: California Publication FTB 6839 also gives further details. This publication is available on the Franchise Tax Board website at www.ftb.ca.gov. Choose Frequently Asked Questions, and search on AMTI.
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