Community property
These windows identify community property:
- W2 (Wages)
- W2G (Gambling Winnings)
- C (Profit or Loss From Business)
- F (Farm), Rent (Rent and Royalty Property)
- 4835 (Farm Rental)
- K-1 (Schedule K-1, 1065/1120S)
Use the community property fields on these windows to identify which items are community property or non-community (separate) property.
Other UltraTax CS screens split items based on the respective
T
, S
, or J
fields, or the Taxpayer
and Spouse
columns. If you leave the T
, S
, or J
fields blank, UltraTax CS allocates the amount to the taxpayer.