Apportionment information - Arkansas tab

Use the state tabs on the
Apportionment Information
window to enter state-specific apportionment information. State tabs appear only if you have added states to the return and if more apportionment information is needed.
To enter state-specific apportionment information, select the state tab on the
Apportionment Information
window.

Special information for processing Arkansas returns

UltraTax CS gives predefined statement windows for factor components needing detail information. UltraTax CS uses the information you enter in the statement windows in the
Everywhere
column on the form for that component. UltraTax CS ignores amounts from the
Everywhere / (Override)
column for that component.

Fields & buttons

General information group box
If you need to add more apportionment factors, enter a description of the factors and their percentages in the statement window. Any extra factors entered here are listed in a detailed statement and included in the total of the apportionment percentages appearing on Schedule B of the Arkansas return.
If the taxpayer is a financial institution, enter a description and the amounts in the statement window. UltraTax CS uses this information in a statement window and includes the amounts in the total property percentage appearing on Schedule B of the Arkansas return.
Alternate apportionment group box
UltraTax CS uses the information you enter in this group box to complete form fields and answer questions that are not addressed in the Apportionment spreadsheet.
If the corporation uses an alternate method of apportioning income, select one of the methods listed in the dropdown list attached to this field. UltraTax CS calculates the different parts of the form based on the method selected.
Code
Description
1
Airline
2
Bus line / Trucking company
3
Private railcar operator
4
Construction company
Enter the information based on the alternate apportionment method selected for Arkansas versus Everywhere. UltraTax CS uses this information to calculate the apportionment percentage.
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