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Screen IQReturn - Indiana PPT - Business

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Overview

Use this screen to complete Forms 103-L, 103-N, 103-S, 103-T, and 106.
note
UltraTax/Indiana PPT prints one copy of Forms 103-L and 103-S, Business Tangible Personal Property Return, for each unit of the IQReturn Screen.

Location Information

If the return has no depreciable assets, use this section to enter information for Form 103.
Location ID number
UltraTax CS transfers to this field the location ID number that you entered in the
Location ID#
 field in the Asset Detail statement dialog. UltraTax CS creates one property tax return for every parcel number entered. In order for the assets on the Asset tab to transfer correctly, go to the Asset tab, choose Setup then Associations, and choose Enable. Select Location ID# and then select the Properties button. Add the parcel number for each return you would like to create. Once that is complete, go to Edit then Reassign Assets and then assign a Location ID# to the assets.
note
  • If the return has no depreciable assets, and you have entered
    X
     in the
    Create return, only if no depreciable assets
     field, you may enter the parcel number in this field.
  • UltraTax CS uses the Location ID number that you enter as the description for this input screen unit in the folders block.
Create return, only if no depreciable assets
If the return has no depreciable assets, enter
X
 to create a unit of this screen. After you enter
X
, UltraTax CS allows you to enter the parcel number, which creates a unit of this screen.
note
  • If this return has depreciable assets, click the Asset tab in the applicable federal activity and enter PPT information for each asset before you enter data in the IQ Return Screen.
  • The
    Location ID#
     and
    PPT Type - IN
     fields must be completed for each asset in the Asset Detail dialog for the applicable federal activity for Form 103-L.
Calculate Form 103 - Short Form
Enter
X
 to calculate Form 103-S. UltraTax CS calculates Form 103-L by default.
File with consolidated return
Enter
X
 to file with the consolidated returns Forms 103-SR and 104-SR. The single returns work with Form 103-L only. The single return is for multiple locations within a single county. UltraTax/Indiana PPT supports only one single return per client.

General Information

Use this section to complete general information for Forms 103-L and 103-S that is different from the IQGen Screen.

Return Information

Use this section to complete general return information for Forms 103-L, 103-N, 103-S, 103-T, and 106.
Force form 103 to print
Enter
X
 to calculate and print Form 103-S, Pages 1 and 2; or Form 103-L, Pages 1-4. If this option is not marked, and there is less than a $20,000 cost to report within the county only, Sections I and IV for Forms 103-S, or 103-L, Page 1 will calculate and print.
Form 103-N, Schedule 1
In the statement dialog, enter Form 103-N, Page 1 information.
Form 103-N, Schedule 2
In the statement dialog, enter Form 103-N, Page 2 information.
Form 103-O, Schedule 1
In the statement dialog, enter Form 103-O, Page 1 information.
Form 103-O, Schedule 2
In the statement dialog, enter Form 103-O, Page 1 information.
Form 103-T, Owned special tools
In the statement dialog, enter Form 103-T, Page 1 information.
Form 103-T, Special tools possessed but not owned
In the statement dialog, enter Form 103-T, Page 2 information.
Form 106, Depreciable and other adjustments
Enter the total Form 106 depreciable and other adjustment claimed by the taxpayer.
Form 106, Explanation of adjustments
In the statement dialog, enter an explanation of adjustments for Form 106.

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