Screen KCGen - Kansas City Profits Return (1065)

Show all hidden content

General Information

Amended return
If the Missouri return is amended and this field is blank, the Kansas City return is marked as amended. If the state return is not amended, but you wish to amend the Kansas City return, enter
1
. If you do not wish to amend the Kansas City return when amending the state return, enter
2
and the Kansas City return is not marked as an amended return.
Final return
If the state return is final and this field is blank, the Kansas City return and the Kansas City Partner’s Share of Income and Tax Worksheet are marked as final. If the state return is not final, but you wish to mark the Kansas City return as final, enter
1
. If you do not wish to mark the Kansas City return as final when the state return is final, enter
2
.
Date business closed if different from federal Screen 1065
Enter the date this partnership closed. If the federal return is marked as final and if this field is blank, UltraTax CS enters the partnership year-end date on Form RD-108.
General footnote
Use this statement to enter any miscellaneous information that needs to be conveyed with the return. The general footnote appears as a separate item in each collation.

Income

Other business income
Information in the statement is transferred from the federal return. It includes all income that is taxed at the federal level other than gross receipts. 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 does not overwrite the new data with subsequent federal-to-state data transfers.

Deductions

Taxes
Information in the statement transfers from the
Taxes and licenses
statement in the federal Inc Screen. 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 does not overwrite the new data with subsequent federal-to-state data transfers.
Other deductions
Information in the statement is transferred from the federal return. It includes other expenses deducted at the federal level other than salaries, rent, interest, taxes, bad debts, and depreciation. 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 does not overwrite the new data with subsequent federal-to-state data transfers.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close