Screen MDDM - Maryland Decoupling Modifications (1065)

Adjustments for Differences in Depreciation

UltraTax CS automatically calculates the amount based on data entered in the detailed asset data entry. Use the
Force
field to enter the depreciation if you are not using the detailed asset data entry.
UltraTax CS automatically calculates the amount based on data entered in the detailed asset data entry. Use the
Force
field to enter the depreciation if you are not using the detailed asset data entry.
UltraTax CS automatically calculates the net adjustment for depreciation. Use the Special Allocation to enter an allocation scheme.
Enter any decoupling modification from a pass-through entity. UltraTax CS prints this amount on Form 500DM, line 7.
UltraTax CS automatically calculates the amount based on data entered in the detailed asset data entry. Use the
Force
field to enter the depreciation if you are not using the detailed asset data entry.
Enter any other adjustments that relate to federal and state basis for depreciation differences.

Section 179 Adjustments

UltraTax CS automatically calculates the amount based on the amounts used on federal Form 4562. Use the
Force
field to enter the amount of adjustment when different from the federal amount.

Section 108(i) Federal Deferred Information

UltraTax CS automatically calculates the amount of deferred original issue discount based on the amounts entered in the federal K1CODI screen. Use the
Force
field to enter the amount of adjustment when different from the federal amount.
UltraTax CS automatically calculates the amount of discharge of business indebtedness based on the amounts entered in the federal K1CODI screen. Use the
Force
field to enter the amount of adjustment when different from the federal amount.
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