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.

If financial statements were prepared for the taxpayer, the net income (loss) from the financial statements should be entered in the Worldwide consolidated net income (loss) from income statement source (Force) field in the first M3 screen. (Use the Non-consolidated net income (loss) from income statement source (Force) field for a foreign corporation.) If this field is blank, UltraTax CS defaults to the net income (loss) per income statement on the Reconciliation totals line on Part II, column A, if calculated.

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