Screen HIK1Sale - Hawaii Sales - Section 179 Pass-Through (1040)

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Overview

Use this screen to complete Schedule D-1. Amounts that appear in the
HIK1Sale
screen are automatically transferred from the federal
K1Sale
screen. Be sure to report any state-related law differences and details in the
HIK1Sale
screen.
All federal
K1Sale
screen information transfers to UltraTax/1040-HI. All sales are included in the calculations for
Total Sources
. For nonresident and part-year resident returns, only units with
Postal code
of
HI
are included in HI Sources calculations.

General Information

State does not conform to section 179 QRP treatment
UltraTax CS automatically marks this checkbox to indicate that the corresponding federal sale of section 179 QRP doesn't apply for state purposes, so the sale isn't reported. The screen is completed for consistency with the corresponding federal screen unit.

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