Screen HIAuto - Hawaii Automobile Expenses (1040)

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Overview

Use this screen to complete the Hawaii Auto Worksheet. All depreciation and amortization information transfers directly to the
HIAuto
screen from the UltraTax CS asset module and then transfers to the relevant form(s).
note
All federal
Auto
screen information transfers to UltraTax/1040-HI. All units are included in the calculations for total sources. For nonresident and part-year resident returns, the amount included in Hawaii sources income is calculated using the percentage allocated to the activity.
  • UltraTax CS lets you specify how you want to enter asset information. Enter it in either the asset module or in the various depreciation input screens. When you specify that you want to use the asset module as the method of asset data entry, this input screen isn't relevant and the depreciation tab for this input screen doesn't appear.
  • If you're not using the asset module and you want to override depreciation or amortization amounts on the relevant form(s), you'll need to enter the information in this input screen.

Vehicle Information

The information that appears in these sections transfers from the asset module. Enter data directly in the
Auto
screen only when not using the asset module. See the overview of this screen for data entry methods.
Method
Auto expensing method codes: 1 = Optimize, 2 = Actual costs, 3 = Standard mileage
Depreciation
You'll need to enter the state depreciation amount in the asset module and it automatically transfers to these fields.

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