Screen CAK1Sale - California Sale of Section 179 Assets (1040)

Overview

Use this screen to complete Schedules D-1, D (540), and D (540NR), and the California version of federal Form 4684. Amounts that appear in this screen automatically transfer from federal K1Sale Screen. It is important to report any state-related law differences and details in this screen.

General Information

UltraTax CS automatically marks this box to indicate that the corresponding federal sale of section 179 QRP does not apply for state purposes, so the sale is not reported. The screen is completed for consistency with the corresponding federal screen unit.
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