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Ghosts on the ledger
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Future of professionals report 2025
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Screen ARKSup - Arkansas K-1 Supplemental Items (1065)
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Overview
Description
Enter a description of up to one line. If more space is needed, use the related statement by pressing Ctrl+E. The description appears in a statement on Arkansas Schedule K-1, line 16, Other Information. In addition, if an item is specially allocated, UltraTax CS transfers the first 45 characters of the first line of
Description
to Partner Data Entry. To view this information, select View
, then Partner Information
.Amount
Enter an appropriate amount. Note that this amount is not part of the
Description
statement. Any amounts entered as text in the statement do not transfer to this box.Specially Allocate
Select
Ptr Alloc
to specially allocate an item to the partners using ratios different from the profit-sharing percentages.