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 the state tabs in the Shareholder Information window to enter state-specific information for shareholders. State tabs appear only if you have added states to the return.
To update a shareholder's state-specific information, click that shareholder in the Shareholder Information window, and then click the appropriate state tab.
Fields & buttons
Connecticut information group box
UltraTax CS provides this statement dialog for supplemental information specific to each shareholder. Use this statement dialog for items that are not pro-rata. If you have pro-rata items that need to be reported to each shareholder, use Section A in Screen CTKSep. UltraTax CS prints the information you enter in this statement dialog in the Schedule CT K-1 statements.
Depreciation adjustments group box
Enter the amount of Section 168(k) depreciation addback for the indicated tax years. UltraTax CS uses this information in the calculation of the composite shareholder's income.
Enter the amount of apportioned Section 168(k) depreciation addback for the indicated tax years. UltraTax CS uses this information in the calculation of the composite shareholder's income.
Enter the amount of Section 179 addback for the indicated tax years. UltraTax CS uses this information in the calculation of the composite shareholder's income.
Enter the amount of apportioned Section 179 depreciation addback for the indicated tax years. UltraTax CS uses this information in the calculation of the composite shareholder's income.
UltraTax CS
