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 is the information entered in Screen K1CODI reported?

Answer

UltraTax CS reports information entered in Screen K1CODI to the following locations on the return.

• Partner Section 108(i) Annual Information Statement (prints as an attachment to the partner's Schedule K-1 in the partner package)
• Deferred income included in current year income: Forms 1065 and 8865, Schedule K, line 11; Schedule M-1; Schedule K-1, box 11, code I; Form 8865, Schedule K-1, line 11G
• Deferred original issue discount deductions allowable as a deduction in current year; Form 1065, Schedule K, line 13d; Schedule M-1, Schedule K-1, box 13, code W; and Form 8865, Schedule K-1, line 13W

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