Screen DCF2 - District of Columbia Farm - Expenses (1065)

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Overview

Use this screen to complete the District of Columbia version of federal Schedule F. UltraTax CS automatically transfers all applicable Schedule F information and deductions from the federal F-2 screen to the fields in this input screen. The amounts in the
Depreciation expense (Force)
and
Amortization (Force)
fields only transfer to this input screen if no data is entered in detailed asset data entry.

Expenses

When using detailed asset data entry, UltraTax CS determines the depreciation and amortization expense for each farm activity. To enter a different depreciation or amortization amount, use the
Depreciation expense (Force)
or
Amortization (Force)
field in this input screen. Note that if amounts are entered in detailed asset data entry, the depreciation or amortization forced in the federal F screen do not appear in this field.
UltraTax CS transfers the taxes deducted in the federal F-2 screen to this statement. To exclude an item from the state return, delete the amount, enter a zero, or delete the entire line item from the statement. UltraTax CS displays the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. For more information (including details on setting a user preference to mark fields for which you overruled the transferred amount), see Statements overview.
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