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Personal Property Tax (PPT) returns
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This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual,1120 Corporation,1065 Partnership,1041 Fiduciary,990 Exempt Organization,Personal Property Tax
  • State: California,District of Columbia,Florida,Georgia,Indiana,Kentucky,Maryland,Michigan,Nebraska,North Carolina,South Carolina,Texas,Virginia,Wisconsin

Include prior-year disposals for fiscal year end clients

  1. In the federal input screens, go to the Asset tab.
  2. Select
    Setup
     then
    Options
    .
  3. Go to the
    Asset List
     tab.
  4. Mark
    Display prior year disposals that occurred during the personal property assessment period ending:
    .
  5. Enter a prior year ending date.
  6. Select
    OK
    .
The Asset tab will now show a tab for prior-year disposals.

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