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 KYSale - Kentucky Sale of Business Property (1040)
Show all hidden content
Overview
Use this screen to review information that transferred from the UltraTax CS asset module or the federal
Sale
screen. All depreciation and amortization information transfers directly into the KYSale
screen from the asset module when detailed data entry is used, or from federal data entry when summary data entry is used, and then transfers to the relevant form(s). It's important to report any state-related law differences and details in the KYSale
screen. UltraTax CS lets you specify how you want to enter asset information. You can enter it either in the asset module or in the various depreciation input screens. When you specify that you want to use the asset module as your method of asset data entry, this input screen isn't relevant and the tab for this input screen doesn't appear. Therefore, you'll need to enter a postal code for each asset in depreciation data entry.
For resident returns, all units created in the federal
Sale
screen transfer to UltraTax/1040-KY. For the nonresident and part-year returns, units created in the Sale
screen transfer only if the postal code you enter for the asset is KY
. Also, manually created units from the federal Sale
screen transfer only if the postal code in the input screen is KY
.General Information
State does not conform to section 179 QRP treatment
UltraTax CS automatically marks this box 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.