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Future of professionals report 2025
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Screen MS4684B - Mississippi Business Casualty and Theft Loss (1040)
Overview
Use this screen to review information that transferred from the UltraTax CS asset module. All depreciation and amortization information transfers directly into the
MS4684B
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 MS4684B
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.
note
All federal
4684B
screen information transfers to UltraTax/1040-MS. All units are included in the calculations for everywhere amounts.