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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
Mississippi information group box
If the shareholder is a nonresident, enter a code from the following table or select the code from the attached drop-down list to indicate the type of nonresident filing to be made by the shareholder. If the shareholder is a nonresident, UltraTax CS defaults to treating the shareholder as having an income tax agreement already on file.
| Code |
Description |
| 1 |
Nonresident income tax agreement on file (default)
This is the default option for a nonresident shareholder when a code is not selected from the drop-down list. Select this option to indicate the shareholder has already filed Form 84-380 - Non-Resident Income Tax Agreement. If you select this option, UltraTax CS will not complete Form 84-380 for this shareholder. |
| 2 |
Nonresident income tax agreement required
Select this option if the shareholder is filing Form 84-380 Non-Resident Income tax Agreement with the corporation to hold on file. UltraTax CS will complete Form 84-380 for this shareholder. |
| 3 |
Composite filer
Select this option to indicate that the corporation is filing a composite return on behalf of a nonresident shareholder. UltraTax CS calculates the total income tax due on Form 84-105 for all composite nonresident shareholders, indicates on Form 84-131 that this shareholder is a composite filer, and marks the Included in nonresident composite return checkbox on Form 84-132. |
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 MSKSep. UltraTax CS prints the information you enter in this statement dialog in the shareholder's Mississippi Schedule K-1 statements.
UltraTax CS
