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 Tax, Audit, Accounting
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
Screen CAInstPY - California Prior Year Installment Sale (1040)
Overview
Use this screen to review proforma’d information from the previous year. Information that appears in the CAInstPY Screen is automatically proforma’d from the previous year and is used to complete Form 3805E, Installment Sale Income. It is important to report any state-related law differences and details in the CAInstPY Screen.
note
All federal InstPY Screen information transfers to UltraTax/1040-CA. All units are included in the calculations for total sources. For nonresident and part-year resident returns, only units with postal code
CA
are included in CA source calculations.General Information
Ignore unit (Use this field for certain section 179 QRP sales.)
Mark this field to indicate that state calculations should ignore information from this unit of the input screen.
For sale of certain Section 179 QRP property, the federal version of UltraTax/1040 may create two units of this screen for the installment sale. One unit is for the portion of the sale to be treated as Section 1250 property and the other unit is for the portion of the sale to be treated as Section 1245 property. California did not adopt the provision to treat certain real property as eligible for Section 179 election. Thus, for sale of property that was eligible for Section 179 QRP election at the federal level, California treats the entire property from the sale as Section 1250 property. If there is a unit for Section 1250 property and a related unit for Section 1245 property in the 1040-US system, UltraTax CS creates the same two units of the input screen at the 1040-California level. However, for the unit corresponding to Section 1245 property, UltraTax CS automatically marks this field upon proforma to indicate that the unit should be ignored in state calculations.
If this is a non-proforma’d client, mark this field on the unit that corresponds to the portion of Section 179 QRP sale attributable to Section 1245 treatment at the federal level in order to ignore the information on the unit for purposes of state calculations.
Qualifies for California like-kind exchange of personal property (Does not qualify for federal like-kind exchange)
This field is used for purposes of displaying a diagnostic message. This field does not affect calculations on the return.