Screen ALCO - Alabama Contribution Carryovers (1040)

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Overview

Use this screen to calculate the amount of allowable charitable contribution carryovers.

Prior Five Year Amounts

Use this section to calculate charitable contribution carryovers. UltraTax CS defaults to federal amounts if no entry is made. UltraTax CS includes these amounts in the charitable contribution limitation calculation.
50% / 60% / 30% / 20% Contributions / 30% CG to 50% Org
Enter contribution carryovers for each category if different from amounts entered in the federal
CO
screen. Alabama prior-year or generated contribution carryovers proforma each year when different from federal amounts.

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