Data entry for city returns
To add a local return to Kentucky, select
File
, Client Properties
, the Kentucky
tab, then mark the checkbox for the returns you'd like to add. This will enable fully calculating input screens and forms in the Kentucky return. Review the following for how to enter data for local returns.- Enter the following based on the type of income you need to report.ActivityData entryWagesLocal wages and withholding you enter in the federalW2screen will transfer to theCW2screen in theKY City Informationfolder. If you didn't assign a city code in Box 20 on the federalW2screen, enter aCity CodeandAccount Numberto any wages that you need to report on the local return. If you need to allocate wages for Louisville-Jefferson purposes, use theAllocation of Compensationfields.Schedule CUse theCCscreen in theKY City Informationfolder to assign Account Numbers to the appropriate returns. Information you enter on the federal Schedule C unit will transfer to this screen. Make any adjustments and/or allocations as needed.Schedule EUse theCRentscreen in theKY City Informationfolder to assign Account Numbers to the appropriate returns. Information you enter on the corresponding federal rental unit will transfer to this screen. Make any adjustments and/or allocations as needed.Schedule FUse theCFscreen in theKY City Informationfolder to assign Account Numbers to the appropriate returns. Information you enter on the corresponding federal farm unit will transfer to this screen. Make any adjustments and/or allocations as needed.Form 4835Use theC4835screen in theKY City Informationfolder to assign Account Numbers to the appropriate returns. Information you enter on the corresponding federal farm rental until with transfer to this screen. Make any adjustments and/or allocations as needed.Other Income & Gains/LossesOther income and gains/losses transfer to statements on theCOthscreen in theKY City Informationfolder. Open the appropriate statement to assign account numbers and allocate as needed.
- UltraTax CS creates a unit in theLexington,Louisville/Jefferson, and/orDistrictfolders for each unique account number you entered in the previous step. Use theGenscreen in the respective folder to complete the business and reconciliation information as needed for each account number.
note
- If you're filing aDistrictreturn and notice incorrect tax information or mailing address, you can correct them inSetup>1040 Individual>Kentuckytab >Rates.
- If you want to delete a city return, delete the account number from the input screen in theKY City Informationfolder, select the appropriate unit in theLexington,Louisville/Jefferson, orDistrictfolder, then selectDelete Screen Data.
