Screen DCUB4835 - District of Columbia Franchise Farm Rent (1040)

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Overview

Use this screen to complete Form D-30, Page 1, and its supporting schedules for the business activity.

General Questions

EIN
Enter the business's federal EIN instead of a Social Security number.
Exclude activity from calculation as an unincorporated business franchise activity
All unit screens transferred from the federal Screen 4835 are included in the calculation of Form D-30. Enter
X
to prevent UltraTax CS from using the information on this screen.

Income

UltraTax CS calculates income amounts from federal Form 4835 and uses the amounts to complete Form D-30.
Gross income
Don't include other income items entered below.
Other income
Includes any gas or fuel tax credit or refund.

Expenses

UltraTax CS calculates the expenses from federal Form 4835 and uses the amounts to complete Form D-30.
Labor hired
Amount doesn't include any employment credit.
Taxes
Amounts entered in the
Taxes
statement window in the federal 4835 screen attributed to state and local income or franchise taxes don't transfer to this statement window.
Interest - mortgage / Interest - other
Amounts you enter in the Interest - mortgage and Interest - other fields in the federal 4835 screen are reported on Form D-30, Schedule E. The unincorporated business tax return requires additional information about the entity to which the interest was paid. Enter the required name and address for Form D-30, Schedule E in the statement window. If any portion of the interest payments is made to related entities, enter the total of these payments in the
Payments to related entities
field on Screen UBTInc.

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