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Ghosts on the ledger
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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 NMWage - New Mexico Allocation of Wages (1040)
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Overview
Use this screen to apportion wages for a nonresident whose job is located in New Mexico but requires temporary assignment outside of New Mexico.
General Information
Use this section to apportion wages that are taxable to multiple jurisdictions. UltraTax CS uses information in this section to complete Form PIT-110.
Wages to be apportioned (Force)
UltraTax CS automatically transfers the Box 1 wage amounts from the federal W-2 screen when postal code
NM
is in Box 15. Use this field if you need to enter a different amount.Total working days during the taxable year (Force)
UltraTax CS defaults to using 260 working days. Use this field if you need to enter a different number.
Other days
Use the statement window attached to enter other nonworking days.
Pay rate per day (Force)
UltraTax CS automatically calculates the pay rate per day per the instructions for Form PIT-110. Use this field if you need to enter a different rate.