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.

Use this dialog to enter shareholder basis and suspended loss information for each shareholder if you want UltraTax CS to calculate the shareholder's stock and loan basis. UltraTax CS combines the current-year losses and suspended losses and determines the allowable amount based on the available stock and loan basis.

To open this dialog, click the Shareholder Basis button in the Shareholder Information window's Other Info tab.

Fields & buttons

Shareholder

Tabs in this dialog

Stock tab

Loan tab

Suspended Losses tab

On the Stock tab, enter shareholder stock basis. In the Loan tab, enter shareholder loan basis. In the Suspended Losses tab, enter shareholder losses and deductible items that were limited by insufficient stock and loan basis in prior years. UltraTax CS combines the current-year loss and suspended loss amounts and determines the allowable amount based on the available stock and loan basis.

Was this article helpful?

Yes No

Submit