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.
You can use the UltraTax CS Source Data Entry utility to enter information for this form. Otherwise, use the table below to enter form information on the appropriate input screens.
| Form field | Folder > Screen | Field | Statement column |
|---|---|---|---|
| Applicable check box on Form 8949 | Income > B&D | Schedule for detail | 8949 Box |
| Box 1a - Description of property | Income > B&D | Schedule for detail | Description |
| Box 1b - Date acquired | Income > B&D | Schedule for detail | Date Acq'd |
| Box 1c - Date sold or disposed | Income > B&D | Schedule for detail | Date Sold |
| Box 1d - Proceeds | Income > B&D | Schedule for detail | Sales Price |
| Box 1e - Cost or other basis | Income > B&D | Schedule for detail | Cost/Basis |
| Box 1f - Accrued market discount | Income > B&D | Schedule for detail | Adj to G/L, Adj Code = D |
| Box 1g - Wash sale loss disallowed | Income > B&D | Schedule for detail | Adj to G/L, Adj Code = W |
| Box 2 - Type of gain or loss | Income > B&D | Schedule for detail | 1099B Box 2 |
| Box 3 - If checked, proceeds from: Collectibles or QOF | Income > B&D | Schedule for detail | Collectibles: Type = C, QOF: Adj Code = Y |
| Box 4 - Federal Income tax withheld | Income > B&D | Schedule for detail | Fed W/H |
| Box 5 - If checked, noncovered security | Income > B&D | Schedule for detail | 8949 Box = 2 |
| Box 7 - If checked, loss is not allowed based on amount in 1d | Income > B&D | Schedule for detail | Adj to G/L, Adj Code = L |
| Box 11 - Aggregate profit or (loss) on contracts | Income > 6781 | Section 1256 contracts marked to market | Loss/Gain Entire Yr |
| Box 12 - If checked, basis reported to IRS | Income > B&D | Schedule for detail | 8949 Box = 1 |
| Box 13 - Bartering | |||
| Income > Income | Other income | Amount | |
| Business > C | Other income | Amount | |
| Rent & Royalty > Rent | Rent and royalties | Amount | |
| Farm > F | Farm income | Amount, Sales Code = 5 | |
| Farm Rental > 4835 | Income from production | Amount | |
| Box 14 - State | Income > B&D | Schedule for detail | State |
| Box 16 - State tax withheld | Income > B&D | Schedule for detail | State W/H |
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