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Apportionment

Enter property apportionment

Follow these steps to apportion an asset.
  1. Select the
    Asset
     tab.
  2. Select the asset, then
    Modify
    .
  3. Select the state from the
    Situs
     field.
  4. In the
    Asset Detail
     window, select the classification from the
    Apportion code
     dropdown. Only classified assets will transfer to the
    Apportionment
     window.
    note
    If the
    Apportionment code
     dropdown isn't available, make sure you've selected the association. To check, select
    Setup
    ,
    Associations
    , and mark the checkbox for
    Apportionment code
    . UltraTax CS automatically selects this option when you add multiple states to the return.
  5. Select
    Done
    .
    note
    • Amounts from the Book column transfer to the Property tab in the
      Apportionment Information
       window. If the Book column is empty, UltraTax CS uses the Tax column.
    • Assets classified with an apportionment code and with a blank situs or a situs of a state not attached to the current client transfer to the Other column on the Property tab.
    • These steps don't apply when entering summary asset information.

Manually enter property amounts

Follow these steps to enter apportionment amounts for property manually.
  1. Select
    View
    , then
    Apportionment
     to open the
    Apportionment Information
     window.
    note
    You need to attach a state return to the client to open this window.
  2. Select
    Apportionment
    .
  3. Clear the
    Use Asset Detail
     option.

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