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Federal input screens

Shareholder Information > Colorado tab

Use the state tabs in the
Shareholder Information
 window to enter state-specific information for shareholders. State tabs appear only if you've added states to the return.
To update a shareholder's state-specific information, select that shareholder in the
Shareholder Information
 window, then the state tab.

Fields and buttons — Colorado information group box

If the shareholder is a nonresident, enter a code from the following table or select the code from the dropdown list to indicate the type of nonresident filing to be made by the shareholder. If the shareholder is a nonresident, UltraTax CS defaults to calculating withholding on Form DR 0108 for the shareholder.
Code
Description
1
Withholding (default)
.
This is the default filing for a nonresident shareholder when a code is not selected from the dropdown list. Select
1
 to indicate the shareholder is subject to withholding on Form DR 0108
.
2
Composite filer
.
Select this option to indicate the corporation is filing a composite return on behalf of the nonresident shareholder. UltraTax CS completes Form 106 for participating nonresident shareholders.
3
Nonresident income tax agreement required
.
Select this option to indicate the shareholder is exempt from withholding. When you select
3
, UltraTax CS completes Form DR 0107 for the nonresident shareholder.
4
Nonresident income tax agreement on file
.
Select
4
 to indicate the shareholder is exempt from withholding and has already filed Form DR 0107. When you select this option, UltraTax CS doesn't complete Form DR 0107 for the nonresident shareholder.
Enter a tax year end other than a calendar year end. UltraTax CS uses this information to complete Form DR 0107.
Enter the nonresident shareholder's Colorado account number. UltraTax CS uses this information to complete Forms DR 0107 and DR 0108.
Use this for supplemental information specific to each shareholder and for items that are not pro-rata. If you have pro-rata items that need to be reported to each shareholder, use Section A in the
COKSep
 screen. UltraTax CS prints the information you enter in this statement in the Shareholder Worksheet statements.
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