Transfer assets to the California PPT return
Follow these steps to transfer federal assets to the California Personal Property Tax (PPT) return.
- Select theAssettab in the federal activity.
- Highlight the asset and selectModify.
- On theDepreciationtab, make sure the Book column has data.If you don't see the Book column, selectSetup,Treatments, thenBook.
- If you don't want to use a book treatment, mark theComplete return using the CA treatment within the asset modulefield in the CA PPT Gen screen. Enter data in the CA column.
- Make sure theSitusassociation is California.
- Make sureLocation,County-CAandPPT type-CAall have data.These fields are usually in the Asset window or theOthertab. If you don't see them, go toSetup, thenAssociationsand mark these fields.
