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 IA137 - Iowa Ethanol Promotion Tax Credit (1040)
Show all hidden content
Overview
Use this screen to enter information to calculate Form IA 137, Ethanol Promotion Tax Credit. UltraTax/1040-IA automatically transfers this information to Part II of the Form IA 148, Tax Credits Schedule using code
64
. The Ethanol Promotion Tax Credit is available to retail dealers of ethanol blended gasoline and who operate motor fuel pumps at an Iowa retail motor fuel site. Once an option for the Company-wide or Site-by-site determination method
field is selected for the first return, it is binding for subsequent tax years without prior approval of a method change. Form IA 137 a multi-unit form.If credit is from a pass-through entity, enter
X
in the appropriate checkbox and enter only the information in the Pass-through Entity Credit section. Pass-through entities should not make a selection in the Company-wide or Site-by-site method determination
field.If the credit is from a Schedule C or Schedule F, chose either
1
for Company-wide method or 2
for Site-by-site method.General Information
Taxpayer or Spouse
Assign the credit to the taxpayer or spouse. UltraTax CS defaults to taxpayer when no selection is made.
Credit from pass-through entity
Mark this box when the credit is from a pass-through entity. A separate unit must be used to report each credit received from a pass-through entity.
Company-wide or Site-by-site determination method
Choose either
1
for Company-wide method or 2
for Site-by-site method. Once you choose an option on the first return claiming the credit, the method is binding. A change of method can be requested from the department.Pass-through Entity Credit
Enter entity information in this section for a credit received from a partnership, S Corporation, estate or trust. UltraTax/1040-IA automatically transfers the information entered here to Part IV of Form IA 148, Tax Credits Schedule. Each pass-through entity with an ethanol promotion tax credit must be entered separately on an additional unit.
Amount of credit
Enter the credit amount reported on the Iowa K-1.
Percent of ownership
Enter the percent of ownership reported on the Iowa K-1.
Site-by-site Information
Use this section to enter the site name and address information for each site claiming a credit. Once the site-by-site method is chosen, it is binding unless a change in method is approved by the department. Form IA 137 is a multi-unit form. Enter one unit for each site. UltraTax/1040-IA automatically combines the total gallons for each site and applies the appropriate biofuel threshold percent. UltraTax/1040-IA totals the credits allowed for all sites. This total automatically transfers to Form 148.