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Enter apportionment information for S Corporation consolidated states
S Corporation consolidated states supported by UltraTax CS
If UltraTax CS supports the consolidated functionality for a particular state, enter apportionment amounts for each member of the consolidated return in the state column of the member return. If a consolidated state allows eliminations of apportionment, enter the state elimination amounts in the Apportionment spreadsheet of the eliminations return. You can enter eliminations as positive or negative amounts. The amounts entered for each member are combined together and used in the calculation of the consolidated return. The amounts are also combined into a group view in the Apportionment spreadsheet of the consolidated return to view the data entered in the members. These group views are read-only. To change the amounts entered in a member return, you'll need to go back to the member return where the amounts were originally entered.
If a consolidated state return is attached to the consolidated return, 2 columns are added to the Apportionment spreadsheet: The Consolidated/(Override) and the Eliminations columns. UltraTax CS uses the information in the Consolidated/(Override) column to complete the everywhere amounts on the consolidated state apportionment forms. When the 2 columns are added, the functionality of the Everywhere/(Override) column doesn't change. UltraTax CS uses the amounts in the Everywhere/(Override) column to complete the everywhere amounts on combined state returns or states attached to the consolidated return as S Corporations. The Everywhere/(Override) column doesn't include any elimination amounts.
note
- UltraTax CS supports S Corporation consolidated calculations for California, Kentucky, Maryland, Massachusetts, Mississippi, Montana, New Jersey, New York, Pennsylvania, and Wisconsin.
- You need to complete the apportionment data entry for each member of a consolidated return, even if the member is 100 percent in-state.
- The Consolidated/(Override) and Eliminations columns also exist for combined state returns that allow for eliminations of apportionment. These columns complete the everywhere amounts on the combined state apportionment forms.
- The Eliminations column is read-only. To change elimination amounts, go back to the original source of data entry in the eliminations return.
- Elimination amounts entered for a state that doesn't allow for eliminations of apportionment are ignored.
S Corporation consolidated states not supported by UltraTax CS
If UltraTax CS doesn't support the S Corporation consolidated functionality for a state, you can enter the apportionment amounts for that state either in the state column if the state is attached to the member return, or in the Other column. These amounts are used to calculate the member returns, but aren't combined by UltraTax CS into the consolidated return.
You'll need to reenter apportionment amounts of consolidated states not supported by UltraTax CS in the consolidated Apportionment spreadsheet. Attach the state to the consolidated return, accumulate the state apportionment amounts, and enter the amounts into the state column of the spreadsheet.
note
UltraTax CS uses the amounts in the Everywhere/(Override) column to complete the everywhere amounts on S Corporation consolidated states not supported by UltraTax CS.
States that don't allow S Corporation consolidated filing
If you're also filing the member returns in a state that doesn't allow for S Corporation consolidated filing, enter the apportionment amounts in the respective state column of each member with that state attached. These amounts are used to calculate the member returns, but aren't combined by UltraTax CS into the consolidated return.
You'll need to reenter the apportionment amounts of non-consolidated states in the consolidated Apportionment spreadsheet. Because the state isn't attached to the consolidated return, accumulate and enter the member amounts in the Other column of the spreadsheet.
note
UltraTax CS uses the amounts in the Everywhere/(Override) column to complete the everywhere amounts on state returns that don't allow consolidated filing.