Screen IQReturn - Indiana PPT - Business

Overview

Use this screen to complete Forms 103-L, 103-N, 103-S, 103-T, and 106.

Location Information

If the return has no depreciable assets, use this section to enter information for Form 103.
UltraTax CS transfers to this field the location ID number that you entered in the
Location ID#
field in the Asset Detail statement dialog. UltraTax CS creates one property tax return for every parcel number entered. In order for the assets on the Asset tab to transfer correctly, go to the Asset tab, choose Setup then Associations, and choose Enable. Select Location ID# and then select the Properties button. Add the parcel number for each return you would like to create. Once that is complete, go to Edit then Reassign Assets and then assign a Location ID# to the assets.
If the return has no depreciable assets, enter
X
to create a unit of this screen. After you enter
X
, UltraTax CS allows you to enter the parcel number, which creates a unit of this screen.
Enter
X
to calculate Form 103-S. UltraTax CS calculates Form 103-L by default.
Enter
X
to file with the consolidated returns Forms 103-SR and 104-SR. The single returns work with Form 103-L only. The single return is for multiple locations within a single county. UltraTax/Indiana PPT supports only one single return per client.

General Information

Use this section to complete general information for Forms 103-L and 103-S that is different from the IQGen Screen.

Return Information

Use this section to complete general return information for Forms 103-L, 103-N, 103-S, 103-T, and 106.
Enter
X
to calculate and print Form 103-S, Pages 1 and 2; or Form 103-L, Pages 1-4. If this option is not marked, and there is less than a $20,000 cost to report within the county only, Sections I and IV for Forms 103-S, or 103-L, Page 1 will calculate and print.
In the statement dialog, enter Form 103-N, Page 1 information.
In the statement dialog, enter Form 103-N, Page 2 information.
In the statement dialog, enter Form 103-O, Page 1 information.
In the statement dialog, enter Form 103-O, Page 1 information.
In the statement dialog, enter Form 103-T, Page 1 information.
In the statement dialog, enter Form 103-T, Page 2 information.
Enter the total Form 106 depreciable and other adjustment claimed by the taxpayer.
In the statement dialog, enter an explanation of adjustments for Form 106.
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