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.
Overview
Use this screen to enter carryovers of Section 1231 Nonrecaptured Losses and various contribution carryovers for the applicable previous years.
Section 1231 Nonrecaptured Losses
Use this section to enter federal and Arkansas source section 1231 nonrecaptured losses. Blank fields do not default to federal amounts. Fields in this section are used to calculate the Arkansas Section 1231 Carryover Worksheet. Part-year and nonresident carryover amounts present on the prior years’ worksheet proforma to these fields.
Federal Amount / … / Arkansas Source
Charitable Contributions Carryover
UltraTax CS uses the information in this section to calculate the contribution carryovers for previous years.
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