Enter change of ownership information

Do the following to enter change of ownership information:
  1. Select
    View
    ,
    Partner Information
    , then
    Changes of Ownership
    .
  2. Select
    Add Date
    (or press CTRL+A), enter the date  the ownership changed, and select
    OK
    . (The date you enter must fall within the client's tax year.) UltraTax CS automatically adds a column for the date you entered and shows the percentage or unit from the previous column for each partner.
  3. In the column you just added, update the percentages or units for partners whose ownership has changed.
  4. Enter additional ownership changes, up to 1 change for each day of the client's tax year, as needed. If you enter additional ownership changes, UltraTax CS automatically updates the percentages or units in each date column according to the percentages or units in the previous date column.
To view the partners' calculated prorated percentages:
  1. Select
    File
    then
    Print Reports
    in the
    Partnership Information
    window (
    View
    then
    Partnership Information
    ).
  2. Select
    Prorated percentage computation
    .
  3. Select
    Preview
    or
    Print
    .

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