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.
Question
Where do I enter information to defer the recognition of cancellation of debt income?
Answer
Use Screen K1CODI to enter information for deferred cancellation of debt income from Schedule K-1 received from other partnerships where the current partnership is a partner.
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