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
Oregon information group box
If the shareholder is a nonresident, enter a code from the following table or select the code from the 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 calculating withholding on Form TPV and Form OR-19 for the shareholder.
| Code |
Description |
| 1 |
Pass-through owner payments (default)
This is the default filing for nonresident shareholder when a code is not selected from the drop-down list. Select this option to indicate the shareholder is subject to withholding on Form OR-19-V and Form OR-19. |
| 2 |
Exempt from PTE owner payments and affidavit on file
Select this option to indicate the shareholder is exempt from withholding and an affidavit is already on file. UltraTax CS does not complete Form OR-19-AF for this shareholder. |
| 3 |
Exempt from PTE owner payments and affidavit required
Select this option to indicate the shareholder is exempt from withholding and an affidavit is required for the nonresident shareholder. UltraTax CS completes Form OR-19-AF. |
| 4 |
Composite filer
Select this option to indicate the corporation is filing a composite return on behalf of the nonresident shareholder. UltraTax CS completes Form OR-OC for participating nonresident shareholders. |
If the Oregon affidavit for a nonresident owner in a pass-through entity is being revoked for the shareholder, choose the appropriate item from the drop-down list. UltraTax CS marks the appropriate checkbox on the affidavit form.
| Code |
Description |
| 1 |
Oregon resident |
| 2 |
Subject to withholding from PTE |
| 3 |
No longer an owner in PTE |
| 4 |
Joining composite filing |
Use this field to enter self-employment tax. UltraTax CS uses this information to calculate the composite and withholding tax due.
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 ORKSep. UltraTax CS prints the information you enter in this statement dialog in the Shareholder Worksheet statements.
Grantor trust owner information group box
Enter the grantor trust owner information in this field if the shareholder is a grantor trust. UltraTax CS uses this information to complete Form OR-19 and the composite return.
Composite return group box
Select the appropriate filing status from the drop-down list to indicate if the composite shareholder is single, married or registered domestic partner filing joint, married or registered domestic partner filing separate, head of household, or a qualifying widow(er). UltraTax CS uses this information to calculate the composite return.
Enter an amount in this field to override the amount calculated by UltraTax CS for the shareholder. UltraTax CS uses this amount in conjunction with the shareholder's selected filing status to calculate the amount of tax on the composite return.
Enter prior year tax liablity to calculate the shareholders’ Oregon surplus kicker on Form OR-OC-1.
Enter the amount of estimated taxes paid on behalf of the shareholder. UltraTax CS uses this amount in the calculation of tax paid on the composite return.
Enter the total of underpayment interest calculated on behalf of the shareholder. UltraTax CS uses this amount in the calculation of underpayment interest on the composite return.
Pass-through entity owner payment - OR-19 group box
Enter the amount of the pass-through entity owner payment made. UltraTax CS proformas the payments calculated in the prior year.
Pass-through entity owner payment - OR-19-V group box
Enter the amount in this field to override the amount calculated by UltraTax CS for the pass-through owner payment.
UltraTax CS
