S as C Worksheet

The S as C Worksheet is computed for the federal return and is triggered to print when the federal return needs to know the C Corporation income for passive income or built-in gains tax calculations. The worksheet prints only if there's either Excess Net Passive Income Tax or Built-In Gains Tax.
However, this schedule has a specific use on state returns. AR, GA, MT, NJ, NY, PA, SC, and WI allow S Corporations to file tax returns as C Corporations. The S as C Worksheet provides the calculation of the Taxable Income for these returns.
Attaching these state returns doesn't currently produce the federal S as C Worksheet with the exception of Arkansas. UltraTax CS will print the S as C Worksheet when the AR return is selected as a C Corporation instead of an S Corporation.

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