Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
Law firms
Tax, audit & accounting firms
Success stories
-
A true competitive advantage
Law firm Zarwin 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
Legal
Trade & supply
Tax, audit & accounting
- 1040SCAN
- Audit Intelligence Analyze
- CoCounsel Audit
- CoCounsel Tax
- Ready to Advise
- Ready to Review
- View all
Corporate tax
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
Buy solutions
Resources
Insights
Events
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 CAInc — California Ordinary Income (1065)
Show all hidden content
Ordinary income adjustments
Ordinary income
Ordinary income transfers from the federal
Inc
screen to this statement. To exclude an item from the state return, delete the amount, enter 0
(zero), or delete the entire line item from the statement. UltraTax CS shows the modified column in black and will not overwrite the new data with subsequent federal-to-state data transfers. The Statements overview help topic has more information (including details on setting a user preference to mark fields for which you overruled the transferred amount).Ordinary loss; enter as negative
Other ordinary losses transfer from the federal
Inc
screen to this statement. To exclude an item from the state return, delete the amount, enter 0
(zero), or delete the entire line item from the statement. UltraTax CS shows the modified column in black and will not replace the new data with subsequent federal-to-state data transfers. The Statements overview help topic has more information (including details on setting a user preference to mark fields for which you overruled the transferred amount).Taxes included in ordinary deductions
Taxes transfer from the federal Inc screen to this statement. To classify an item as a nondeductible limited partnership tax (LLC annual tax), enter the appropriate code from the following table.
Type Code | Description | Destination |
|---|---|---|
D | Deductible (default) | Transfers to Form 565, Page 2, line 21 (Form 568, Page 4, Schedule B, line 21) |
N | Nondeductible | Transfers to Form 565, Page 5, Schedule M-1, line 4c and Page 4, Schedule K, line 18c (Form 568, Page 6, Schedule M-1, line 4c and Page 5, Schedule K, line 18c) |
If there are nondeductible taxes from rent and royalty, farm or farm rental properties, make the changes in the corresponding
CARent
, CAF2
, or CAFR2
screen.Taxes included in ordinary deductions / Ptr Alloc
If specially allocated, UltraTax CS transfers the portion of deductible taxes entered in the
CAInc
screen as a negative amount to Schedule K, line 11b. To change the amount, enter the revised number. California taxes will need to be re-allocated if specially allocated in the federal Inc
screen.Depletion, other than oil and gas / Ptr Alloc
If specially allocated, UltraTax CS transfers depletion entered in the federal
Inc
screen as a negative amount to Schedule K, line 11b. To change the federal amount for California purposes, enter the revised number. California depletion will need to be re-allocated if specially allocated on the federal return.Ordinary income (loss)
Select
Ptr Alloc
to specially allocate the amount of ordinary income (loss) to partners (members) using ratios that are different from the profit / loss ratios.Depreciation
Percentage
Enter a
Percentage
to allocate a portion of California depreciation to Schedule A. The percentage (xxx.xxxxxx
) entered here is multiplied by all California depreciation amounts. The resulting amount prints in the statement for either Other costs or Additional section 263A costs on Schedule A depending on the code entered in Type of cost
in this screen.Amount
In the
Amount
box, allocate a portion of California depreciation to Schedule A. The amount entered here prints in the statement for either Other costs
or Additional section 263A costs
on Schedule A depending on the code entered in Type of cost
in this screen.Type of cost
The code entered here is used to determine where to place the percentage or amount of depreciation on Schedule A. Enter a code from the table that follows.
Code | Description | Destination |
|---|---|---|
1 | Additional section 263A costs (default) | Transfers to Form 565, Page 2, Schedule A, line 4 (Form 568, Page 4, Schedule A, line 4) |
2 | Other costs | Transfers to Form 565, Page 2, Schedule A, line 5 (Form 568, Page 4, Schedule A, line 5) |