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.
Allocation
New York State allows allocation by separate books. Passthrough income (from lower-tiered partnerships) defaults to allocation, even if the top tier return uses three factor apportionment.
Apportionment
New York State uses three-factor apportionment based on property, payroll, and sales and is calculated on Form IT-204, Page 8. Data entry for apportionment can be entered in View > Apportionment > New York tab.
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