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Apportionment Information - California 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 California returns

UltraTax CS gives predefined statement windows for factor components needing detail information. UltraTax CS uses the information from 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
UltraTax CS uses the information you enter in this group box to complete form fields and answer questions that are not discussed in the Apportionment spreadsheet.
Enter
1
 if more than 50 percent of gross business receipts are from agricultural, extractive, or certain financial activities, and UltraTax CS uses the three-factor method of apportionment with a single-weighted sales factor to calculate the average apportionment percentage. Enter
2
 or leave the field blank and UltraTax CS uses the single sales factor. Enter the code directly or select from the dropdown list.
The activities that use the three-factor method of apportionment are:
  • Extractive or agricultural business activities are qualified business activities for all taxable years beginning on or after January 1, 1993. Extractive business activities are activities relating to the production, refining, or processing of oil, natural gas, or mineral ore. Agricultural business activities mean activities relating to any stock, dairy, poultry, fruit, fur bearing animal, truck farm, plantation, ranch, nursery, or range. Other activities may qualify. See R&TC Section 25128(d)(2) and Cal. Code Regs., tit.18 sections 25128, 25128-1, and 25128-2 for more information.
  • Savings and loan activities are qualified business activities for taxable years beginning on or after January 1, 1994. A savings and loan activity means any activity performed by savings and loan associations or savings banks that have been chartered by federal or state law.
  • Banking or financial business activities are qualified business activities for taxable years beginning on or after January 1, 1996. A banking or financial business activity means activities attributable to dealings in money or moneyed capital in substantial competition with the business of national banks.
Select this button to open the
Schedule R-2
 window.
Combined members group box
UltraTax CS uses the information you enter in this group box to complete fields on the
Apportionment Detail Worksheet
 that correspond to intercompany adjustments (subtractions) shown on Schedules 5-A and 5-C of FTB Publication 1061, Guidelines for Corporations Filing a Combined Report. These amounts also print in statement detail on Schedule R-1, Page 3.
UltraTax CS transfers the information you enter to the
California Property and Property Everywhere
 fields on the
Apportionment Detail Worksheet
 in the
Property Factor
 section, taking the average of the beginning of year (BOY) and end of year (EOY) amounts.
UltraTax CS transfers the information you enter to the
California Property and Property Everywhere
 fields on the
Apportionment Detail Worksheet
 in the
Property Factor
 section.
UltraTax CS transfers the information you enter to the
California Sales and Sales Everywhere
 fields on the
Apportionment Detail Worksheet
 in the
Sales Factor
 section.
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