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

Can Schedule K-1 financial data be shared by activity?

Answer

For clients that are partners in a partnership, UltraTax CS allows you to choose to share the Schedule K-1 financial data in total or by activity. To elect to receive Schedule K-1 financial data by activity from a partnership, in the partner’s return choose File > Client Properties, click the Advanced Properties button, and mark the Elect data share import of 1065 Schedule K-1s per activity checkbox.

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