Enter net worth ratio amounts for 1120 Georgia
Because the new worth tax is calculated for the year following the income tax year, UltraTax CS considers the first day of the net worth tax year to be the same as the last day of the income tax year for the purpose of assigning
Everywhere
default amounts. A value may be entered in the Total Everywhere
field by selecting View
then Apportionment
and selecting the Georgia
tab. The General Information
section in this tab is where amounts related to the net worth ratio are entered.
