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.
Setup procedures
- For all 1040 clients
- For new 1040 clients
- Entering marginal oil production percentage depletion rates
Processing returns
Amended returns
Dual-status and nonresident returns
Multi-state returns
- Processing multiple-state returns
- Entering state allocation data for 1040 state returns
- Printing state allocation information reports
- Deleting state allocation information
Other procedures
Estimates
- Applying a refund to second or later estimates
- Applying a portion of an overpayment to next year's estimated tax when no estimated tax is due
- Generating estimate vouchers that fit IRS envelopes
- Generating separate estimated payments for taxpayer and spouse
- Paying estimates via credit or debit card
- Printing 1040 estimate instructions with only the estimated payment amounts that have a balance due
- Printing estimate vouchers
- Printing "Paid" on 1040 estimate instructions
- Printing scannable vouchers
Extensions
Foreign tax credits and earned income
- Foreign interest
- Foreign dividends
- Prepare Form 1116 with Form 2555
- Entering U.S. days (bona fide residence test) and travel information (physical presence test) for Form 2555
Home offices
- Entering home office information
- Disposition of a personal residence which includes a home office
- Multiple home offices
Minister wages and church employee income
- Minister wages and housing allowance information subject to self-employment tax
- Unused housing allowance income
- Church employee wages subject to self-employment tax
- Retired ministers and housing allowance
Carry backs
Retirement accounts
- Converting a traditional IRA to a Roth IRA
- IRA recharacterizations
- Roth distributions
- Roth IRA distributions, conversions, or recharacterizations
- Nondeductible contribution to a traditional IRA
- Distribution from an IRA that was rolled over into another IRA
Other
- Optimizing education expenses
- Undergraduate student who became a graduate student during the tax year
- 1099-C information for property that was abandoned and foreclosed on in the same year
- Family Transfer Utility
- Filing Status Optimization
- Merging individual clients for married filing joint and domestic partnership returns
- Excel Export / Import utility for multi-state allocation information
- Auto expenses
Electronic filing procedures
- Submitting preliminary applications with the IRS and (if applicable) Refund Advantage/TFS Financial (1040 only) for electronic returns
- Configuring UltraTax CS/1040 for electronic returns
- Refund Advantage/TFS Financial bank products
- PIN Program for 1040 returns
- Signature date and taxpayer(s) PIN for electronic 1040 returns
- Electronic returns
- Creating the electronic file and correcting errors
- E-filing extensions
- Transmitting electronic returns to the IRS
- Submitting required paper forms to the IRS
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