Apportionment Information > Kansas tab (1120)

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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.

Use the state tabs at the bottom of the Apportionment Information window to enter state-specific apportionment information. State tabs appear only if you have added states to the return and if additional apportionment information is required.

To enter state-specific apportionment information, click the appropriate state tab at the bottom of the Apportionment Information window.

Special information for processing Kansas returns

UltraTax CS provides predefined statement dialogs for factor components requiring detail information. UltraTax CS uses the information you enter in the statement dialogs in the Everywhere column on the form for that component. UltraTax CS ignores amounts from the Everywhere / (Override) column for that component.

Fields & buttons

General information group box

UltraTax CS uses the information you enter in this group box to complete form fields and answer questions that are not addressed in the Apportionment spreadsheet.

Distressed area (sales only)

Mark this checkbox for taxpayers in qualified distressed areas. UltraTax CS then calculates the apportionment using only the sales factor.

Two factor formula (property and sales only)

Mark this checkbox to use the qualified elective two-factor apportionment method to calculate apportionment. UltraTax CS then calculates the apportionment using only the property and sales factors.

Year qualified for two-factor apportionment method

UltraTax CS transfers the information you enter in this field to year qualified on Forms K-120 and K-120S.

Additional Information button

Click this button to open the Additional Information dialog.

Alternate apportionment group box

Use the fields in this group box to use alternate apportionment for this state. The information you enter in these fields takes precedence over any entries in the Apportionment spreadsheet for this state.

Railroads - freight car miles

Use these fields to complete allocation for railroads using freight car miles.

Interstate motor carrier - miles operated

Use these fields to complete allocation for interstate motor carriers using miles of operation.

Telecommunications - carrying capacity

Use these fields to complete allocation for telecommunications companies using the available carrying capacity of wire and fiber optic cable.

Single factor - shares

Use these fields to complete allocation for investment funds service corporations using shares owned by the company's fund shareholders.

Income

Enter Kansas income calculated using the Alternate Accounting Method or the Separate Accounting Method. Entries in this field are transferred to Form K-120S, Page 1, line 19 or Form K-120, Page 1, line 21.

Separate schedule

Include the separate schedule used to determine Kansas income from the Alternate Accounting Method or the Separate Accounting method. This statement prints with the return.

Financial Institution group box

Financial Institution Privilege Tax Return button

Click this button to open the Financial Institution Privilege Tax Return dialog.

Apportionment Form Combination Tables guide

Click the following link to view the Apportionment Form Combination Tables Guide. These tables describe how fields from the Apportionment Information spreadsheet and the apportionment tab, if applicable, are combined onto the apportionment form.

Apportionment Form Combination Tables Guide (PDF)

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