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
Why don't some deduction items entered in Screen 8283 display information in column (e), (f), or (g) in Form 8283, Page 1, Part I?
Answer
Pursuant to IRS instructions for Form 8283, Page 1, if the amount claimed as a deduction for an item is $500 or less, these columns do not have to be completed.
Note: To force columns (e), (f), and (g) to print, choose Setup > 1120 Corporation, click the Other Return Options button, and mark the Print Form 8283 columns (e), (f), and (g) if not required checkbox. When this setting is enabled, the setting applies to all clients subsequently added to the program.
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