Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS Showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen KYDepr - Kentucky Depreciation Adjustment (1040)
Show all hidden content
Overview
Use this screen to enter adjustments to federal income for depreciation differences.
For Kentucky depreciation differences from a pass-through entity, Kentucky returns that have both a Kentucky resident adjustment for Schedule K-1, and a difference between the federal and state depreciation or section 179 expense deduction, are automatically adjusted for Kentucky / Federal differences. See the Kentucky Depreciation Reconciliation Worksheet for additional information.
Adjustments for State Differences in Depreciation
Federal depreciation
UltraTax CS automatically calculates this amount based on data entered in the asset module. Use the force fields to enter the adjustment amount if you aren't using the asset module.
This amount is calculated on the Kentucky Depreciation Reconciliation Worksheet based on data from Form 4562 for all activities except 2106 and Schedule A. This is reported on KY Schedule M on the Federal depreciation line.
State depreciation
Use these fields to override the calculated amount of depreciation adjustment that is attributable to the State of Kentucky. UltraTax CS automatically calculates this amount on the Kentucky Recomputed Form(s) 4562 for activities with a postal code of
KY.
This amount is calculated on the Kentucky Depreciation Reconciliation Worksheet based on data from Form 4562 for all activities except 2106 and Schedule A. This is reported on KY Schedule M on the Kentucky depreciation line.
Form 2106 adjustment: Res Taxpayer / Joint / Res Spouse
UltraTax CS automatically calculates the amount based on data entered in the asset module. Use the force fields to enter the adjustment amount if you are not using the asset module.
This amount is calculated on the Kentucky Depreciation Reconciliation Worksheet based on data from the Kentucky Recomputed Form(s) 2106. This is reported on Kentucky Schedule A as an adjustment to miscellaneous deductions subject to 2 percent AGI limit.
Form 2106 adjustment: PYNR Taxpayer / Joint / PYNR Spouse
Use these fields to override the calculated amount of depreciation adjustment that is attributable to the State of Kentucky. UltraTax CS automatically calculates this amount based on data from the Kentucky Recomputed Form(s) 2106 for activities with a postal code of
KY.
This amount is reported on Kentucky Schedule A, Form 740-NP.Business income
Use this field to override the calculated amount of depreciation adjustment that is attributable to Kentucky Schedule C activities. UltraTax CS automatically calculates this amount based on data from the Kentucky Recomputed Form(s) 4562 for Schedule C activities with a postal code of
KY.
This amount is reported on Kentucky Form 740-NP, Page 4.Rents, royalties, partnerships, estates, trusts
Use this field to override the calculated amount of depreciation adjustment that is attributable to Kentucky Schedule E activities. UltraTax CS automatically calculates this amount based on data from the Kentucky Recomputed Form(s) 4562 for Schedule E activities with a postal code of
KY.
This amount is reported on Kentucky Form 740-NP, Page 4.Farm income
Use this field to override the calculated amount of depreciation adjustment that is attributable to Kentucky Schedule F activities. UltraTax CS automatically calculates this amount based on data from the Kentucky Recomputed Form(s) 4562 for Schedule F activities with a postal code of
KY
. This amount is reported on Kentucky Form 740-NP, Page 4.Adjustments to Income for Disposition of Assets
Disposition adjustment (Force): Total Taxpayer / Spouse
UltraTax CS automatically calculates these amounts based on data entered in the asset module. Use the
Force
fields to enter the adjustment amount if you're not using the asset module.Disposition adjustment (Force): Taxpayer Instate / Spouse Instate
Use these fields to override the calculated amount that is attributable to the State of Kentucky. UltraTax CS automatically calculates this amount from assets entered in the asset module for activities with a postal code of
KY
.Section 179 Expense
Use this section to edit the amount calculated on the Kentucky Recomputed Form(s) 4562 due to differences between federal and state Section 179 limits. The amount defaults to the federal amount as reported on federal Form 4562.