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Apportionment Information > Other Property Factors dialog (1120-AL)
Show all hidden content
Use this window to enter other property factors for Alabama apportionment.
To open this window, select
View
, Apportionment
, the Alabama
tab, then Other Property Factors
.note
You must have an Alabama return open to open this window.
Fields & buttons
IDB / IRB property (at cost)
UltraTax CS transfers the information you enter in these fields to the
Alabama
and Everywhere
fields on the IDB/IRB property (at cost) line on Form 20C, Page 3 or Form 20S, Page 3. This is property financed through industrial development boards or by industrial revenue bonds issued by municipalities. All Industrial Development Board property utilized by the taxpayer should be reported at its original cost basis.Government property (at FMV)
UltraTax CS transfers the information you enter in these fields to the
Alabama
and Everywhere
fields on the Government property (at FMV) line on Form 20C, Page 3 or Form 20S, Page 3. All government property (whether local, state, or federal), when made available for use by the taxpayer, should be reported at its current fair market value.