Depreciation: Make state treatment equal to tax treatment

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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.

To make the State treatment values equal to the Tax treatment for all assets in UltraTax CS or Fixed Assets CS:

  1. Open the Asset List Window, and choose Setup > Treatments.
  2. If you do not see the state abbreviation, mark the State checkbox, select the State from the drop-down, and click OK. Now move on to Step 3.
  3. Highlight the State treatment and click Build.

    Note: If you do not see the state abbreviation, mark the State checkbox, select the State from the drop-down, and click OK.

  4. Mark the Replace all assets with the following treatment's values option and choose Tax from the drop-down.
  5. Click OK.
  6. Click OK again to return to the Asset Listing.

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