Enter shareholder basis and generate the Shareholder's Basis Worksheet

Follow these steps to enter shareholder basis and generate the Shareholder's Basis Worksheet.
  1. Select
    View
    ,
    Shareholder Information
    , then the
    Other Info
    tab.
  2. Select
    Shareholder Basis
    . Any entry in the
    Shareholder Basis
    window will trigger the basis calculation.
  3. UltraTax CS will generate the Shareholder's Basis Worksheet that details the calculation of the shareholder's stock and loan basis. You can find this worksheet in the Schedule K-1 package in
    Form View
    under the
    Shr
    folder on the
    Basis
    and
    P2
    tabs.
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