Print shareholder reports and worksheets with Section 1377 election
UltraTax CS doesn't calculate the following shareholder reports and worksheets when a Section 1377 election is made:
- Schedule K-1 Statements
- Shareholder's Pass Through Sales Report
- Shareholder Rental Report
- Shareholder's Distributive Share From Pass Through Entities Report
- Shareholder Analysis of Low-Income Housing Credit Worksheet
- Shareholder's Oil/Gas Summary Schedule
- Shareholder's Oil/Gas Well Income Report
Separately stated items for shareholders should be entered in the
Supplemental information
statement for each shareholder by selecting View
, Shareholder Information
, then going to the Other Info
tab.
