Screen ALDepr - Alabama Depreciation and Amortization (1040)

Overview

Use this screen to review information that transferred from the asset module. All depreciation and amortization information transfers directly to this screen from the asset module, and then transfers to the relevant forms. UltraTax CS transfers information with respect to all forms and units, without regard to asset postal codes.
note
  • UltraTax CS lets you specify how you want to enter asset information. Enter it in either the asset module (
    Asset
    tab) or in the various depreciation input screens. When you specify the asset module as the method of asset data entry (this is the default), this input screen isn't relevant and the tab for this input screen doesn't appear. To determine if the asset module is in use for this client, select
    File
    ,
    Client Properties
    , select
    Advanced Properties
    , and then select the
    Enter Asset Detail
    tab. The asset module is in use if the checkbox is marked.
  • If you're not using the asset module as the method of asset data entry, you'll need to enter information in this input screen to override depreciation or amortization amounts on the relevant form(s).
  • You'll need to enter all asset information through the
    Asset
    tab (asset module). This data entry method ensures that Alabama depreciation information transfers properly.

Asset Information

Enter information in this section to complete various income / loss schedules.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close