UltraTax CS
The following includes answers to common questions for S Corporation returns.
If the corporation was always an S Corporation, is Schedule M-2 still required?
Can I specifically allocate S Corporation items to the shareholders?
How are health / medical insurance premiums allocated to a single shareholder?
Why is the Section 179 expense not allocated to a shareholder who is an estate or trust?
How do I enter data for Schedule K-1, Box 17 - Other information?
Why is a Schedule M-1 adjustment for Form 4797 being generated for the sale of section 179 assets?
How do I specify which items transfer from an 1120 S Corporation Schedule M-1 to Schedule M-2?
Should officer life insurance premiums and cash surrender value affect the OAA?
Can I control which calculated adjustments transfer to Schedule M-2?
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