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1040 States

AGI and Build-up states

AGI states

AGI states begin with federal AGI or federal taxable income, and make adjustments to arrive at the AGI for state purposes. Items with different tax treatments at the state level are either subtracted from, or added to, the federal AGI to arrive at state income.
In UltraTax CS, AGI states generally have an AGI worksheet that you can use for adjustments to state amounts. To make an allocation between states, enter the allocation as a net amount at the same time as your federal data entry.
AGI states include: AR, AZ, CO, CT, DC, DE, GA, IA, ID, IL, IN, KS, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NY, OH, OK, OR, RI, SC, TN, UT, VA, VT, and WV.

Build-up states

Build-up states are those that arrive at taxable income in much the same way as UltraTax CS. Build-up states report all the items that make up taxable income separately. Some states have different definitions of various components of income, so state income is likely different from federal income.
In UltraTax CS, build-up states generally have many of the same input screens that correspond with federal input screens for activities, such as Schedule C and Rental, K1.
Build-up states include: AL, CA, HI, KY, MA, NJ, PA, and WI.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual
  • State: All states, Alabama
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