Triva isn't available right now.
Check out the support page for our phone number and hours
Legal
Recommended Products
-
CoCounsel
Move faster and accomplish more with a professional-grade, generative AI assistant that transforms the way you work. Thomson Reuters CoCounsel is with you every step of the way, backed by authoritative content and industry-leading expertise.
-
Westlaw
Conduct legal research efficiently and confidently using trusted content, proprietary editorial enhancements, and advanced technology.
-
Practical Law
Accelerate how you find answers with powerful generative AI capabilities and the expertise of 650+ attorney editors. With Practical Law, access thousands of expertly maintained how-to guides, templates, checklists, and more across all major practice areas.
Questions? We are here to help
Tax & Accounting
-
Top products for corporations
-
Top products for accounting firms
Recommended Products
-
CoCounsel
Move faster and accomplish more with a professional-grade, generative AI assistant that transforms the way you work. Thomson Reuters CoCounsel is with you every step of the way, backed by authoritative content and industry-leading expertise.
-
UltraTax CS
Provides a full line of federal, state, and local programs. Save time with tax planning, preparation, and compliance.
-
1040SCAN
Automate work paper preparation and eliminate data entry
Questions? We are here to help
Trade & Supply
Recommended Products
-
Foreign Trade Zone Management
Software that keeps supply chain data in one central location. Optimize operations, connect with external partners, create reports and keep inventory accurate.
-
Indirect Tax
Automate sales and use tax, GST, and VAT compliance. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy.
Questions? We are here to help
Risk & Fraud
Recommended Products
-
CLEAR
Search volumes of data with intuitive navigation and simple filtering parameters. Prevent, detect, and investigate crime.
-
Fraud Detect
Identify patterns of potentially fraudulent behavior with actionable analytics and protect resources and program integrity.
-
ID Risk Analytics
Analyze data to detect, prevent, and mitigate fraud. Focus investigation resources on the highest risks and protect programs by reducing improper payments.
Questions? We are here to help
News & Media
Recommended Products
-
Reuters Connect
Around the globe, with unmatched speed and scale, Reuters Connect gives you the power to serve your audiences in a whole new way.
-
Reuters Plus - Content Studio
Reuters Plus, the commercial content studio at the heart of Reuters, builds campaign content that helps you to connect with your audiences in meaningful and hyper-targeted ways.
-
Reuters.com Platform
Reuters.com provides readers with a rich, immersive multimedia experience when accessing the latest fast-moving global news and in-depth reporting.
Questions? We are here to help
Books
Recommended Products
-
What's new in legal products
Shop our latest titles
-
Shop tax customer favorites
ProView Quickfinder favorite libraries
Questions? We are here to help
Developers
-
APIs by industry
-
Related sites
-
United States Support
-
International support
-
New releases
-
Join a TR community
-
Free trials & demos
Client Summary Information > Tax Summary tab
Use this tab to view a summary of current-year section 179 expense, a summary of AMT Preference and Adjustment amounts, and a MACRS mid-quarter convention analysis.
note
Assets entered in the miscellaneous activity are only included in the current-year section 179 expense summary.
To open this tab, open the Asset List window, select Tasks, then Display Summary Information, and then select the Tax Summary tab.
Fields & buttons
[Current Activity]: Federal
Displays the total current-year section 179 expense entered in the Tax column in the Asset Detail window's Depreciation tab for the current activity.
note
The name of this field varies depending on which activity folder is selected.
All Activities: Federal
Displays the total current-year section 179 expense entered in the Tax column in the Asset Detail window's Depreciation tab for all of the open client's activities.
Real, Personal leased, and MACRS
These fields display the open client's total AMT Preference and Adjustment amounts for each property type (Real, Personal leased, and MACRS).
note
Assets entered in the miscellaneous activity are excluded from the amounts displayed in these fields.
Acquisitions
These fields display the depreciable basis of all of the open client's qualifying assets by quarter, as well as the total depreciable basis of all qualifying assets.
note
Assets entered in the miscellaneous activity are excluded from the amounts displayed in these fields.
Percentage
These fields display the percentage of depreciable basis acquired in each quarter based on the date entered in the
Date in service
field in the Asset Detail window.note
- TheTotalfield in this row always displays 100%.
- Assets entered in the miscellaneous activity are excluded from the percentages displayed in these fields.