Transfer assets to the Maryland PPT return

Follow these steps to transfer federal assets to the Maryland Personal Property Tax (PPT) return.
  1. Select the
    Asset
    tab in the federal activity.
  2. Select the asset, then
    Modify
    .
  3. Select the
    Depreciation
    tab and make sure the Book column has data.
    If you don't see the Book column, select
    Setup
    ,
    Treatments
    , then
    Book
    .
  4. If you don't want to use a book treatment, mark the
    Complete return using the MD treatment within the asset module
    field in the MD PPT Gen screen. Enter data in the MD column.
  5. Make sure the
    Situs
    association is Maryland.
  6. Make sure
    Location
    ,
    PPT type-MD
    , and
    Form 4 - MD
    have data.
    These fields are usually in the Asset window or in the
    Other
    tab. If you don't see them, select
    Setup
    , then
    Associations
    and make sure these fields are marked.
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