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 ILAlloc - Illinois Allocated Amounts (1065)
Show all hidden content
Allocated Items
Rental real estate activities are nonbusiness
Enter
X
to indicate that rental real estate activities are nonbusiness. UltraTax CS automatically allocates farm rentals and real estate rentals on Schedules NB and K-1-P, based on the state postal code entered in the federal 4835 and Rent screens. If this box isn't marked, UltraTax CS uses the total federal amounts multiplied by the apportionment percentage to calculate the state source income.Other rental activities are nonbusiness
Enter
X
to indicate that other rental activities are nonbusiness. UltraTax CS automatically allocates other rentals on Schedules NB and K-1-P, based on the state postal code entered in the federal Rent screen. If this box isn't marked, UltraTax CS uses the total federal amounts multiplied by the apportionment percentage to calculate the state source income.Royalty activities are nonbusiness
Enter
X
to indicate that royalty activities are nonbusiness. UltraTax CS automatically allocates all royalties as Other Royalty Income on Schedules NB and K-1-P, based on the state postal code entered in the federal Rent screen. If this box isn't marked, UltraTax CS uses the total federal amounts multiplied by the apportionment percentage to calculate the state source income. To classify income as patent or copyright royalties, don't mark this box and use the boxes in the Nonbusiness Income section of this input screen.Passthrough income is apportionable
Enter
X
to indicate that passthrough activities are apportionable, including unitary income and income completely from Illinois. UltraTax CS uses the partner’s Member Share amounts on the ILK1, ILK1-2, ILK1-3, ILK1Frgn, and ILK1CODI screens multiplied by the partnership’s apportionment percentage to calculate state source income. If this box isn't marked, UltraTax CS uses the Member Share to Illinois amounts entered on the ILK1, ILK1-2, ILK1-3, ILK1Frgn, and ILK1CODI screens to allocate passthrough income on IL-1065, lines 37 and 45, and Schedule K-1-P.Nonbusiness Income
Use this section to complete Schedule NB, Nonbusiness Income. Don't include amounts received from other passthrough entities. Enter passthrough amounts on the ILK1 screen.
Interest / … / Other royalty income / Other nonbusiness income and expense
Enter the total nonbusiness income in the Total Everywhere column. UltraTax CS subtracts this amount from the total federal amount before multiplying by the apportionment percentage. Enter the Illinois nonbusiness amount in the Within Illinois column. UltraTax CS adds this amount to the apportioned business amount and displays the totals on Schedule K-1-P. The amounts displayed on Schedule NB don't include the portion of nonbusiness income or loss distributable to partners subject to replacement tax.
Capital gain (loss) - real property / … / Capital gain (loss) - intangible personal property
Use these statements to enter the nonbusiness capital gains and losses. Use the class codes listed in the following table to classify these amounts.
Class Code | Description | Destination |
|---|---|---|
L | Long-term | Schedule NB, line 7-9; and Schedule K-1-P, Page 1, lines 16-18, columns A and B |
S | Short-term | Schedule NB, line 7-9; and Schedule K-1-P, Page 1, lines 16-18, columns A and B |
note
The nonbusiness portion is deducted from the total federal income to be reported on Schedule K-1-P, Step 4. These amounts are automatically deducted from Schedule K-1-P, Page 1, lines 26 and 27, depending on the code entered in this section.
Apportionment factor from two years ago / last year
Enter amounts in these boxes to reflect the factors equal to Form IL-1065, Page 2, Step 6, line 42 for each of the preceding periods.
Other Allocated Items
Use this section to specially allocate the total everywhere Section 179 expense from passthrough entities to partners. Use this box only if the partnership has an allocation for Section 179 expense that differs from the profit-sharing percentages.