Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
-
Buy books
-
Contact sales
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen HIK1-7 - Hawaii Schedule K-1, 1065/1120S - PAL, Carryovers (1040)
Show all hidden content
Overview
Information in this screen is automatically transferred from the federal
K1-7
screen or the state allocation spreadsheet.Passive Activity Info and Carryovers, Sec 179 Carryover
Operating / ... / Other losses - Form 1040 page 1
When state-specific carryover information is available for proforma, the information is proforma'd to the corresponding federal input screen for the activity.
Total Sources
information is proforma'd to the federal K1-St
screen with postal code HI
. Hawaii Sources
carryover information is proforma'd to the federal K1-St
screen with postal code HS
(Hawaii Source). The information is federal-to-state transferred to this screen. Hawaii Sources
fields that are blank are assumed to be zero; the calculation doesn't default to Total Sources
amounts. The Hawaii Sources
fields are used to calculate part-year and nonresident returns only.Section 179 carryover: Total Sources
Information in this field is automatically transferred from the federal
K1-7
screen or the state allocation spreadsheet.Section 179 carryover: PY/NR Only Hawaii Sources
UltraTax CS calculates the Section 179 deduction enabled for Hawaii Sources income by combining the Hawaii Sources Section 179 carryover amounts with the current-year Hawaii Sources expense and multiplying the total by the ratio of Total Sources Section 179 available to Total Section 179 enabled.
Publicly Traded Partnership Information & Sales
Complete IRC Section 751 statement for ordinary gain/loss
Partner's Basis Worksheet ending basis is used as cost basis for Schedule D-1. Use the
PBas1
screen to review basis information.This article applies to:
- PRODUCT: UltraTax CS
- Return type: 1040 Individual
- State: Hawaii