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Future of professionals report 2025
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Screen MAAuto - Massachusetts Automobile Expenses (1040)
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Overview
Use this screen to complete the Massachusetts Auto Worksheet. All depreciation and amortization information transfers directly to this screen from the UltraTax CS fixed asset module and then transfers to the relevant form(s).
- UltraTax CS provides a global option that allows you to specify how to enter asset information. You can enter it either in the fixed asset module or in the various depreciation-input screens. When you specify the fixed asset module as your method of asset data entry, this screen is not applicable and the depreciation tab for this input screen does not appear. For details, see Where do I enter asset data.
- If you are not using the fixed asset module and wish to override depreciation or amortization amounts on the relevant form(s), you must enter the information in this screen.
Vehicle Information
Vehicle 1 - 4
Use these fields to adjust calculated amounts entered in the fixed asset module.
Depreciation
You must enter the state depreciation amount in the fixed asset module and they automatically transfer to these fields.