Screen VBReturn - Virginia PPT - Business

Overview

Use this screen to enter location specific information for the Virginia Property Tax Returns.

General Information

Use this section to enter data that is unique to the current unit. If you leave these fields blank, UltraTax CS uses the information entered in the VBGen screen.
If the return has no depreciable assets, enter
X
in this field to create a unit of this screen. After you enter
X
, UltraTax CS allows you to enter the
Location
field, which creates a unit of this screen.
UltraTax CS automatically enters the next available number in this field. If desired, you can overwrite this number, but you cannot leave the field blank. UltraTax CS uses this entry to gather and coordinate information for the assessable business location.
UltraTax CS transfers to this field the account number that you entered in the
Location
field in the Asset Detail dialog. UltraTax CS creates one unit of the VBReturn screen for every unique location ID number entered.
Virginia Property Tax returns are filed on different sets of forms. Each of these sets is a separate return in UltraTax/VA-PPT. The Return Type column identifies the appropriate set of forms.
Return Type
Description
ARL
Arlington
CFC
Chesterfield
GOO
Goochland
HRC
Henrico
JCC
James City
PWC
Prince William
VBC
City of Virginia Beach
WIL
City of Williamsburg
ZZA
User defined county / city #1
ZZB
User defined county / city #2
ZZC
User defined county / city #3
ZZD
User defined county / city #4
ZZE
User defined county / city #5
ZZF
User defined county / city #6
ZZG
User defined county / city #7
ZZH
User defined county / city #8
ZZI
User defined county / city #9
ZZJ
User defined county / city #10
Enter the name as it appears on the client’s business license. If you leave this field blank, UltraTax CS defaults to information entered in the
Business name
field in athe VBGen screen.
Enter
1
,
2
, or
3
to indicate the taxpayer, spouse, or joint names to appear on the return or use
F4
to select an option from the dropdown. If you leave this field blank, UltraTax CS defaults to information entered in the
Indicate name to print on return
field in the VBGen screen.
Type Code
Description
1
Taxpayer (Default)
2
Spouse
3
Joint
Enter the name which the business uses to identify itself in its trade. Various counties and cities refer to this information in slightly different terms. If you leave this field blank, UltraTax CS defaults to information entered in the
Doing business as / trade name / name 2
field in the VBGen screen.
Enter the company’s federal employer identification number. If you leave this field blank, UltraTax CS defaults to information entered in the
EIN
field in the VBGen screen.
Enter the taxpayer’s telephone number. If you leave this field blank, UltraTax CS defaults to information entered in the
Telephone number
field in the VBGen screen.
In this statement window, enter any assumed names used in conducting business.

Taxpayer Declaration

Use this section to complete the declaration section of the property tax forms if different from the VBGen screen.
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