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.
This topic provides general information about UltraTax/1065 procedures.
Setup
- Setting options for all 1065 clients
- Setting options for new 1065 clients
- Setting other 1065 return options
Electronic filing
- Filing a return electronically
- Submitting preliminary applications with the IRS for electronic returns
- Configuring UltraTax CS for electronic returns
- Entering data for electronic returns
- Preparing 1065 returns for electronic filing
- Creating batch electronic extensions
- Signing returns for electronic filing
- Correcting errors in the electronic file
- Transmitting electronic returns to the IRS
- Configuring email notifications when electronically filed returns and extensions are accepted
Return and extensions
- Entering prior year-ends if different from current year-end
- Preparing 1065 extensions
- Processing clients who require more state treatments than are available
Partnership data entry
- Partner Data Entry overview
- Attaching notes to partners
- Entering partner information
- Entering change of ownership information
- Entering transfers of partners' capital
- Entering special allocations
- Entering depreciation special allocations
- Printing only the partner package
- Printing partner information reports
- Preparing a paperless tax return
State apportionment
- Apportionment Information window
- Entering apportionment data for state returns
- Overriding everywhere amounts for apportionment forms overview
- Attaching field notes to state apportionment factors
- Printing 1065 apportionment information reports
- Importing information into apportionment statement dialogs
- Entering apportionment data for city or other returns
- Deleting information from the Apportionment Information spreadsheet
Interim closing annualization
- Interim Closing Annualization window overview
- Distributing amounts to partners using the proration method
- Distributing amounts to partners using the interim closing of books method
- Applying a percentage of the total to ownership periods
- Attaching column notes to the federal or a state annualization tab
- Printing annualization information reports
- Deleting annualization information
Excel Export / Import Utility
- Excel Export / Import utility for partner information overview
- Exporting partner information to Excel
- Importing partner information from Excel
- Excel Export / Import utility guidelines for partner information
- Excel Export / Import utility for apportionment information overview
- Exporting apportionment information to Excel
- Importing apportionment information from Excel
- Excel Export / Import utility guidelines for apportionment information
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