Screen AZCapGn - Arizona Capital Gain Deduction (1065)

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Overview

Use this screen to complete Schedule K-1, Resident Partner’s Share of Adjustment to Partnership Income, Schedule K-1(NR), Arizona Nonresident and Out-of-State Partner’s Share of Income and Deductions, and Form 140NR, Nonresident Personal Income Tax Return - Composite.

Capital Gain Deduction

Use this section to complete net long-term capital gain (loss) from assets acquired before January 1, 2012, and after December 31, 2011, and net capital gain (loss) from the exchange of legal tender. UltraTax CS displays these amounts on Schedule K-1, Part 4, Schedule K-1(NR), Part 5, and Form 140NR.

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