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1120 states

Apportionment calculation

Select
View
, then
Apportionment
 to enter state apportionment information.
If you don't enter any amounts in the
Apportionment Information
 window, the application assumes the client does 100 percent of business within the state.
To calculate zero apportionment, enter amounts under the
Other
 column or another state in the
Apportionment Information
 window.
note
  • For certain industries indicated in the tax instructions for the following states, use the modified factors only: Alabama, Connecticut, Georgia, Kansas, Louisiana, Maine, Mississippi, Montana, Nebraska, Oklahoma, Virginia, West Virginia, and Wisconsin.
  • Nebraska uses only the sales factor to apportion income for corporate income tax purposes. Financial institutions use the property and payroll factors in the franchise tax apportionment.
  • For Mississippi, select
    Apportionment method
     in
    View
    ,
    Apportionment Information
    .
  • For New York, view 1120-NY: Calculate Apportionment.
  • For certain industries indicated in the Rhode Island tax instructions, select the Alternate Apportionment button to access modified factors.
  • For Vermont items with a statement, open the statement and enter both Vermont and Everywhere amounts as applicable.

This article applies to:

  • PRODUCT: UltraTax CS
  • Return type: 1120 Corporation
  • State: All states,Alabama,Alaska,Arizona,Arkansas,California,Colorado,Connecticut,Delaware,District of Columbia,Florida,Georgia,Hawaii,Idaho,Illinois,Indiana,Iowa,Kansas,Kentucky,Louisiana,Maine,Maryland,Massachusetts,Michigan,Minnesota,Mississippi,Missouri,Montana,Nebraska,Nevada,New Hampshire,New Jersey,New Mexico,New York,North Carolina,North Dakota,Ohio,Oklahoma,Oregon,Pennsylvania,Puerto Rico,Rhode Island,South Carolina,South Dakota,Tennessee,Texas,Utah,Vermont,Virginia,Washington,West Virginia,Wisconsin,Wyoming

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