Enter shareholder wages used to calculate the Section 179 business income limitation
UltraTax CS transfers the shareholder’s demographic information to the statement window for the
Officer’s compensation
field on the Inc screen when you mark the Shareholder is an officer
field in View
, Shareholder Information
, then the Other Info
tab. UltraTax CS includes the wages of the designated shareholders in the section 179 business income calculation. If not all shareholders are officers of the S Corporation, enter the total shareholder employee wages in the Total shareholder employee wages (S Corp/Force)
field on the OthAsset screen in the General Folder.
