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Screen MTNRPY - Montana Nonresident or Part-year Resident (1040)

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Overview

Use this screen to provide additional information needed to complete Form 2. If information transferred from UltraTax/1040 does not require additional data or coding, UltraTax/1040-MT shows it on the form only, not in the input screen.
note
This screen only appears if you mark the state return as a part-year or nonresident return. To do so, choose File, Client Properties, and then Montana tab and verify the applicable part-year resident or nonresident checkbox is marked.

Residency Information

UltraTax CS uses the information in this section to complete portions of Form 2 for part-year and non-residents.

Income Adjustments

UltraTax CS uses the information in this section to complete portions of Form 2. All returns are processed as if the entity type is resident. Form 2, Schedule IV is then used to calculate an apportionment ratio.
Instate taxable wages (Force)
Use this amount to override the taxable wages when instate wages for North Dakota include wages that were taxed in Montana or in other states. This amount defaults to the wages coded to North Dakota on the federal W2.
Qualified retirement income for exemption worksheet (Force)
For non-residents and part-year residents, the As-if-a-Resident retirement income is the sum of Federal IRAs and Pensions, limited by the Montana maximum subtraction on the worksheet. The worksheet number is then used as a resident subtraction for purposes of determining the taxable income.
Montana source income to total income from all sources in
Enter the ratio of Montana source income to total income from all sources calculated on Schedule IV, line 20. Enter the ratio formatted as x.xxxxxx. Do not enter more than
1.000000
. This ratio proformas if UltraTax CS was used in the prior year to preparer the return. Ratios are used on Worksheet II - Tax Benefit Rule for Federal Income Tax Refund, line 16.

Alternative gross sales tax

Use this section to elect to use the alternative gross sales tax in lieu of the income tax. This applies only to nonresidents who meet the three qualifications.

AGI Worksheet State Amounts

Use this section to adjust amounts in the
State Amount
 columns of the Montana AGI Worksheet.
Schedule D (Force)
For part-year and nonresident returns, use these fields to enter an amount different from the calculated amount in the State Amount columns of the Montana AGI Worksheet for the Capital gain / loss line. UltraTax CS automatically calculates the in-state amounts of Capital gain / loss.
  • These calculated amounts are based on the postal codes entered in UltraTax/1040 for Schedule D related items. Returns with PAL and basis adjustments, and PAL and capital loss carryovers should be reviewed for Schedule D and Form 4797 in-state amounts.
  • The PAL adjustments entered in this field are intended to adjust amounts for the AGI worksheet and subsequently, Form 2, Schedule IV. Do not use these fields to override passive adjustments added or subtracted on Schedule I or II; these amounts may be adjusted by entries made in MTAdj Screen in the Additions / Subtractions section.
Form 4797 (Force)
For part-year and nonresident returns, use these fields to enter an amount different from the calculated amount in the State Amounts columns of the Montana AGI Worksheet for the Other gain / loss line. UltraTax CS automatically calculates the in-state amounts for federal Form 4797, Part II.
These calculated amounts are based on the postal codes entered in UltraTax/1040 for Form 4797, Part II related items. Returns with PAL and basis adjustments should be reviewed for Form 4797 and Schedule D in-state amounts.
Schedule E (Force)
For part-year and nonresident returns, use these fields to enter an amount different from the calculated amount in the State Amounts columns of the Montana AGI Worksheet for the Rents, royalties line. UltraTax CS automatically calculates the in-state amounts for federal Schedule E.
note
These calculated amounts are based on the postal codes entered in UltraTax/1040 for Schedule E related items. Returns with PAL, basis, and at-risk adjustments should be reviewed for Schedule E in-state amounts.
Net operating loss carryover
For part-year and nonresident returns, use these fields only when completing the State Amounts columns of the Montana AGI Worksheet for the net operating loss carryover included in the Other Income line.
note
UltraTax CS defaults the amount of net operating loss carryover in the Federal Amounts column to the taxpayer when the federal filing status is married filing joint. The portion of the federal net operating loss carryover applicable to this state should be entered in the
Net operating loss carryover
 taxpayer and spouse fields.

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