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Screen NGGen - North Carolina Personal Property Tax
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Overview
Use this screen to complete general information for the North Carolina Business Personal Property Return.
note
To enter information specific to each return, use the NGReturn screen. Information entered in this screen is used for every return generated for the UltraTax CS client.
Federal-to-state input screen and asset module data transfer
If information is transferred from federal input screens or from the asset module to a state input screen, the application displays the transferred data in blue, for example:
If necessary, you can overrule the transferred amount by entering the appropriate amount in the field. The application then displays the new amount in black.
note
- When you overrule a transferred amount, the application doesn’t overwrite that amount with subsequent federal-to-state or asset module data transfers.
- To delete the overruled amount and restore the original transferred amount, right-click the field and choose Delete overrule or simply enter the original amount in the field.
- To confirm the accuracy of the overruled amount, right-click the field and choose Acknowledge overruled data. The application then disables the acknowledge functionality from the right-click menu. To restore the original amount later, you will need to enter it manually.
- If desired, you can set a user preference to mark fields for which you overruled the transferred amounts and to list all overruled amounts in the Diagnostics window.
Statements
Many data entry fields provide predefined statements in which you can enter additional information. For additional information, see Statements overview.
Accessing frequently asked questions
To view answers to common questions about calculations and data entry issues, choose Help, Additional Resources, then Frequently Asked Questions. For details, see Accessing frequently asked questions (FAQs).
General Information
Use this section to record general information for the client’s North Carolina PPT return.
Complete return using NC treatment within the Asset module
Enter
X
to force UltraTax CS to use data from the NC
treatment column in Fixed Assets CS or the asset module in UltraTax CS. If you leave this field blank, UltraTax CS uses data from the Book
treatment column in Fixed Assets CS or the asset module in UltraTax CS.note
- To regenerate the transfer of information from Fixed Assets CS or the applicable federal asset module, choose Utilities then Fixed Assets CS (Import).
- To mark theComplete return using the NC treatment within the Asset modulefield 1 time for all new clients, choose Setup, [application name], North Carolina PPT tab, and then select New Client Options.
County name
Enter the name of the county in which this business is located, or press F4 to choose a county from the fieldview. This field applies to all North Carolina PPT returns for this client. Use the
County name
field in the NGReturn screen to enter a different county for a particular return.Business name
Enter the business name. This field applies to all North Carolina PPT returns for this client. Use the
Business name
field in the NGReturn screen to enter a different business name for a particular return. If you leave this field blank, UltraTax CS defaults to the federal client name.Indicate name to print on return
Enter
T
, S
, or J
to indicate the taxpayer, spouse, or joint name(s), or press F4 to choose an option from the fieldview. This field applies to all North Carolina PPT returns for this client. Use the Indicate name to print on return
field in the NGReturn screen to enter a different name for a particular return. If you leave this field blank, UltraTax CS defaults to the federal taxpayer name.note
This field applies only to 1040 clients.
Doing business as
Enter the Doing business as name. This field applies to all North Carolina PPT returns for this client. Use the
Doing business as
field in the NGReturn screen to enter a different name for a particular return. If you leave this field blank, UltraTax CS defaults to the federal DBA name.Account number
Enter the account number. This field applies to all North Carolina PPT returns. Complete the
Account number
field in the NGReturn screen to enter a different account number for a particular return.Business address / Number and street / City, state, zip code
Enter the taxpayer’s business address. If you leave these fields blank, UltraTax CS defaults to the federal business address for all entities. Use the
Business address
fields in the NGReturn screen to enter a different business address for a particular return.Real estate owned by
Enter the name of who own’s the real estate. If you leave this field blank, UltraTax CS defaults to the client name. Use the
Real estate owned by
field in the NGReturn screen to enter a different name for a particular return.Name in which business was listed last year
Enter the name in which the business was listed last year. Use the
Name in which business was listed last year
field in the NGReturn screen to enter a different name in which business was listed last year for a particular return.Principal business in this county
Enter the principal business in this county. Use the
Principal business in this county
field in the NGReturn screen to enter a different principal business in this county for a particular return. If you leave this field blank, UltraTax CS defaults to the federal business activity for 1120 and 1065.SIC number / NAICS code
Enter either a SIC number or NAICS code. Use the
SIC #
field or NAICS code
field in the NGReturn screen to enter a different SIC # or NAICS code for a particular return. If you leave this field blank, UltraTax CS defaults to the federal NAICS code for 1120 and 1065 returns.Date business began in this county
Enter the date on which business first commenced.
note
If you leave this field blank, UltraTax CS defaults to the federal date incorporated for 1120 and 1065 clients.
Organization type / Other
Enter
1
, 2
, 3, 4, 5,
or 6
to indicate the organization type, or press F4 to select an option from the fieldview. Use the Organization type
field in the NGReturn screen to select a different organization type for a particular return.Business category / Other
Enter
1
, 2
, 3, 4, 5,
6
, or 7
to indicate the business category, or press F4 to select an option from the fieldview. Use the Business category
field in the NGReturn screen to select a different business category for a particular return.Date business ceased
Enter the date business ceased. This field applies to all North Carolina PPT returns for this client. Use the
Date business ceased
field in the NGReturn screen to enter a different date for a particular return.Reason
Enter
1
, 2
, 3,
or 4
to indicate the reason business ceased, or press F4 to select an option from the fieldview. Use the Reason
field in the NGReturn screen to select a different reason for a particular return.Sold equipment, fixtures, supplies to
Enter who equipment, fixtures, and supplies were sold to. This field applies to all North Carolina PPT returns for this client. Use the
Sold equipment, fixtures, supplies to
field in the NGReturn screen to enter different information for a particular return.Buyers address and phone number
Enter the buyers address and phone number for this return(s) in the statement window. Use the
Buyers address and phone number
field in the NGReturn screen to enter different information for a particular return.Contact Information
Use this section to complete the contact information for the client’s North Carolina PPT return.
Contact person for audit
Enter the contact person for audit. This field applies to all North Carolina PPT returns for this client. Use the
Contact person for audit
field in the NGReturn screen to enter a different contact person for a particular return.Address and phone number
In the statement window, enter the contact person for audit’s address and phone number for this return(s). Use the
Address and phone number
field in the NGReturn screen to enter different information for a particular return.Contact person for payment
In the statement window, enter the contact person for payment for this return(s). Use the
Contact person for payment
field in the NGReturn screen to enter different information for a particular return.Affirmation
Use this section to complete the affirmation section for the client’s North Carolina PPT return.
Person signing listing for individuals
Enter
1
, 2
, 3,
or 4
to indicate the person signing listing for individuals, or press F4 to select an option from the fieldview. Use the Person signing listing for individuals
field in the NGReturn screen to select a different person signing listing for a particular return.note
This field applies only to 1040 clients.
Person signing listing for corps, partnerships, LLCs, unincorp assoc
Enter
1
or 2
to indicate the person signing listing for corps, partnerships, LLCs, unincorp assoc, or press F4 to select an option from the fieldview. Use the Person signing listing for corps, partnerships, LLCs, unincorp assoc
field in the NGReturn screen to select a different person signing the listing for a particular return.Title of principal officer
Enter the title of principal officer if code
1
was selected. This field applies to all North Carolina PPT returns for this client. Use the Title of principal officer
field in the NGReturn screen to enter a different title for a particular return.Title of full-time employee
Enter the title of full-time employee if code
2
was selected. This field applies to all North Carolina PPT returns for this client. Use the Title of full-time employee
field in the NGReturn screen to enter a different title for a particular return.Authorized agent has NCDOR Form AV-59 on file for taxpayer
If person signing listing for individuals has code
3
selected, enter 1
or 2
to indicate if the authorized agent has NCDOR Form AV-59 on file for the taxpayer. Use the Authorized agent has NCDOR Form AV-59 on file for taxpayer
field in the NGReturn screen to make a different selection for a particular return.note
This field applies only to 1040 clients.
Telephone number
Enter a telephone number for the person signing the return. This field applies to all North Carolina PPT returns for this client. Use the
Telephone number
field in the NGReturn screen to enter a different telephone number for a particular return.Fax number
Enter a fax number for the person signing the return. This field applies to all North Carolina PPT returns for this client. Use the
Fax number
field in the NGReturn screen to enter a different fax number for a particular return.Authorized agent address
Enter the authorized agent’s address. Use the
Authorized agent address
fields in the NGReturn screen to enter a different authorized agent address for a particular return.note
These fields only apply to 1040 clients.
Email address
Enter an email address for the person signing the return. This field applies to all North Carolina PPT returns for this client. Use the
Email address
field in the NGReturn screen to enter a different email address for a particular return.