Screen MIAdj-3 - Michigan Adjustments for Gains and Losses (1040)

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Overview

Use this screen to complete Forms MI-1040D, MI-8949, and MI-4797. Use the
Force
fields to enter an amount different from the calculated amount for the Michigan column of Forms MI-1040D and MI-4797.

Forms MI-1040D and MI-8949 Gains and Losses

Use this section to complete Forms MI-1040D and MI-8949.
Capital gain or loss
Amounts entered in the statement dialog for the
Schedule for detail
field in federal B&D Screen in the Income folder are transferred to the statement dialog attached to this field. Enter an amount in the
MI Force Gain/Loss
column if you do not want to use the calculated amount for a transaction.

Form MI-4797 Gains and Losses

Use this section to complete Form MI-4797.
From Schedule K1 / … / Loss from Form 4684, line 38
Enter an amount for Form MI-4797, Michigan column if you do not want to use the calculated amount.
Part 3 gain from Form 4684
Enter the Michigan portion of Form 4684, Casualty or Thefts. UltraTax CS adjusts the Michigan Form 4797, Part 3 gain by the Michigan portion of federal Form 4684, Casualty or Thefts.

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