Situses dialog

A situs is the state in which an asset is held or located. Use this window to indicate the situses in which the current client's assets reside.
To open this window, open a client and select
Setup
, then
Situses
.
When you add a new situs to the client using this window, the
Add State Treatment
window automatically opens. In this window, you can indicate which state treatments you want to add to the client.

Fields and buttons

Mark the checkbox for each situs in which the current client's assets are held or located.
These options are available only for 1120S clients for the following situses: Arkansas, Georgia, Montana, New Jersey, New York, Pennsylvania, South Carolina, and Wisconsin.
When one of these states is selected in the
Situses
list and the federal entity is an S Corporation but the state is treated as a C Corporation, select
C Corporation
.
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