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Federal input screens

Shareholder Information > Michigan 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 — Michigan 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 listing the shareholder on Form 807, Page 4.
Code
Description
1
Individual return filer (default)
This is the default filing for nonresident shareholder when a code is not selected from the dropdown list. Select
1
 to indicate the shareholder is filing an individual tax return, and to list the shareholder on Form 807, Page 4.
2
Composite filer
Select
2
 to indicate the corporation is filing a composite return on behalf of the nonresident shareholder. UltraTax CS completes Form 807 for participating nonresident shareholders and lists each on Form 807, Page 3.
Use this statement 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 on the
MIKSep
 screen. UltraTax CS prints the information you enter in this statement in the
Michigan Shareholder Information
 statements.
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