Screen TYReturn — Texas PPT — Business

Overview

Use this screen to complete Form 50-144, Page 1.

General Information

Use this section to complete the unit-specific, general information for Form 50-144, Page 1, that's different from the
TYGen
screen in Texas’s General folder.
If the return has no depreciable assets, enter
X
to create a unit of this screen. After you enter
X
, you can enter the property identification number and county, which creates a unit of this screen.
UltraTax CS enters the next available number here. You can replace this number, but you can't leave this field blank. UltraTax CS uses this information to get and coordinate information for the assessable business location.
UltraTax CS transfers to this field the property identification number that you entered in the
Location ID#
field in the
Asset Detail
window. UltraTax CS creates 1 property tax return for every location ID number entered.
UltraTax CS shows the county from
County-TX
in the
Asset Detail
window.
Enter the name of the business or manager.
If there's no separate business name, enter
T
,
S
, or
J
if this return is to be filed by the taxpayer, spouse, or joint.
Enter the mailing address if different from the federal address.
Enter the telephone number if different from the federal return.
If the information contained in the most recent rendition statement filed in a prior tax year is accurate with respect to the current tax year, enter
X
. UltraTax CS marks the checkbox in STEP 3 of Form 50-144 and doesn't show calculations on the return.
Enter any supplemental information that should be submitted with the return.

Return Information

Use this section to complete the unit-specific, personal property information for Form 50-144.
Enter the location address, if different from the mailing or federal address.
Enter
1
for manufacturing,
2
for wholesale,
3
for retail,
4
for service and
5
for new business from the dropdown list.
Enter the description of the business.
Enter the area occupied at this location.
Enter the Texas sales tax permit number.
Enter
1
for closed,
2
for sold, or
3
for moved, or use the dropdown list.
Enter the date the business was closed, sold, or moved.
If the business was sold, enter the name of buyer.
Enter the location where business was moved.
If the business was closed, were assets in place on January 1? Enter
1
for Yes or
2
for No. If you leave this field blank, UltraTax CS will show
Yes
.

Manager's, Agent's, or Fiduciary's Information

Use this section to provide the name, address, and telephone number of the agent.
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