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Future of professionals report 2025
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Screen CAKSup - California Schs K and K-1 - Supplemental Items (1065)
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Supplemental Items
Description
Enter a description of up to one line. If more space is needed, use the related statement by pressing Ctrl+E. UltraTax CS uses the descriptions to generate a statement item in the appropriate schedule as indicated by the print condition specified in the
Prt Cdn
* box. The description appears in a statement attached to Schedule California Schedule K-1, line 20c, and/or on a printed schedule attached to California Schedule K, line 20c. In addition, if an item is specially allocated, UltraTax CS transfers the first 45 characters of the first line of the
Description
box to Partner Data Entry. To view this information, select View
, then Partner Information
.Amount
Enter an amount. Note that this amount is not part of the
Description
box statement; any amounts entered as text in the statement do not transfer here.Specially Allocate
Select
Ptr Alloc
to specially allocate an item to the partners using ratios different from the profit-sharing percentages.