UltraTax CS
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.
Question
How can I adjust a calculated amount on Form 4952?
Answer
Use the adjustment fields on the 4952 screen in the Itemized Deductions folder. Amounts you enter in these three fields adjust the calculated amounts on Form 4952, lines 4a, 4d, and 5, as well as the net capital gain from investments and qualified dividends, which are used in Form 4952 calculations.
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