2014 Conversion Instructions UltraTax 1040 to TaxWise

Transcription

1 2014 Conversion Instructions UltraTax 1040 to TaxWise Important Notice Please Read!!! The data contained in these returns is minimal and contains ONLY the items needed to pass through to the 2014 return. The conversion WILL NOT recreate your original 2013 tax return. Due to differences between tax programs TaxWise cannot convert 100% of tax return data therefore the tax calculations will not be accurate. (**See Depreciation Notes** for special handling of returns containing depreciation.) It is the responsibility of the tax professional to verify converted data. Once verified further processing of your 2013 tax returns in TaxWise is unnecessary. The carry forward portion of the conversion will be activated with the first release of TaxWise for DISCLOSURE: UltraTax is a registered trademark of Creative Solutions, Inc. Creative Solutions, Inc. does not sanction nor participate in this conversion project. TaxWise is a registered trademark of CCH, Small Firm Services. Conversion Instructions Prerequisites: A full installation of the TaxWise 2013 program is needed to successfully convert your UltraTax data. A full installation of the UltraTax 2013 program is needed to successfully convert your UltraTax data. Internet connectivity Downloading the software: 1. Visit and log in to our secure support site by clicking on the Support Login link. 2. Access the download section of the site by clicking on the Download icon near the top of the page. 3. On the Products Updates section download and install the latest TaxWise comprehensive update.

2 4. On the Product Updates section download and install the latest Federal updates for the 1040 module. 5. Locate and click on Conversions (Left-hand side). 6. Locate the UltraTax 1040 conversion and click on the download icon to begin downloading. 7. Select Save on the File Download dialogue box. 8. Select a directory on your hard drive (we recommend the desktop) where the conversion utility installation shall be stored. 9. The conversion installation utilities will be named CNVULTI.exe Installation: 1. Access your Desktop (or the location where you saved the download) and locate the conversion installation file CNVULTI.exe. 2. Double-click the file to begin installation. 3. Installation will now initiate. Follow the on-screen instructions to accept the license agreement. You must accept the license agreement to install the utility. 4. The Drive Selection screen will display. Choose the drive where you have the TaxWise 2013 program installed. It is recommended that all three programs (TaxWise 2013, UltraTax 2013 and the conversion program itself) be installed to the same drive. However, it is only necessary that both TaxWise 2013 and the conversion utility be installed on the same drive. 5. Click the Next button to continue installation. 6. Click the OK button to close the dialogue box. A copy of these release notes will appear on-screen at this time. Please print them if you have not already done so. Converting your tax returns: IMPORTANT: The UltraTax program must be closed before beginning this process. 1. Click Start and access All Programs>TaxWise 2014 program group. Another sub-menu will appear, choose the UltraTax 1040 conversion. 2. The UltraTax 1040 to TaxWise Conversion Wizard box will appear. You will need to click on Begin. 3. The Source folder screen will come up. The default paths will be listed on the folder line. If the default data path is not

3 correct then you will need to navigate to the \WINCSI directory yourself. 1. You will need to choose if you would like for all of the clients data to convert or if you want only certain clients. And then click on Next. 2. Once the Destination folder screen comes up the default path of UTS13\Proforma should appear in the folder line. 4. Click on the Convert button. A progress meter will appear and begin filling and eventually will reach 100%. The amount of time this takes varies by the number of returns converting. 5. A black DOS screen will then appear and the Proforma process will begin. Follow the on screen commands as you will be required to press the Enter key after the package has been converted. 6. The message Conversion completed successfully. will appear. Click on the Finish Button and the conversion box will close. NOTE: If there is no SSN or EIN entered into the Client Data screen, the return(s) will not convert correctly into TaxWise. The end result of a successful conversion will be 2013 tax data in the Guest user name. The carry forward feature will be available with the first release of TaxWise When you install the first version of TaxWise 2014, you will need to carry the converted returns forward: 1. Go to Tools>Carry forward> Prior Year Data. 2. The Carry Forward Prior Year Data dialogue box will appear; verify the drive letter listed (Defaulted to C) and click OK. 3. Double-click the GUEST user name. 4. Click the All Clients button at the bottom. 5. Sit back and look for a dialogue box with a message reading (200) Process complete. You are now ready to begin return prep in the TaxWise 2014 program. The carryforward (converted) information will be available on a return by return basis. ** Special Notes for Depreciation **

4 Tax programs utilize many different combinations of Depreciation methods. Some methods of depreciation listed in your prior program may not be able to be converted into TaxWise. We strongly advise you to check your depreciation closely to verify that each asset is correctly represented in TaxWise. 1. The depreciation methods and conventions entered into UltraTax are converted as is into TaxWise. Some methods and conventions in UltraTax may not have an equivalent method in TaxWise. All of the converted methods and conventions should be reviewed to ensure accuracy and correctness. 2. UltraTax allows for data to be overridden on the asset worksheet. If any of the entries are overridden, then these overridden entries will not convert into TaxWise. 3. Due to the calculation differences that UltraTax allows in order to either take or opt out of the Bonus depreciation, all assets that have bonus depreciation will need to be checked to ensure accuracy and correctness. 4. UltraTax includes section 179 and bonus depreciation amounts in the applicable calculation for current or prior year depreciation whereas TaxWise displays these amounts separately. As a result, current and prior depreciation for assets with bonus depreciation and/or section 179 amounts may or may not convert correctly. 5. TaxWise only requires the user to enter state depreciation data when it differs from the federal amount whereas UltraTax requires entry for each asset. As a result, the state depreciation may or may not convert correctly. ** For all returns containing depreciation ** We have created a special report to find and list all returns containing depreciation. When run in 2013 TaxWise, this report will provide a printable list of all depreciation returns. After you have converted all your returns from your prior program, we highly recommend that each of these returns be opened in 2013 TaxWise. Please follow these few, easy steps: 1. Open TaxWise and login under the User Name Guest. This is the default directory where the converted returns are stored. 2. Select the 1040, Individual program. 3. Click Reports on the TaxWise menu bar. 4. Select Reports list on the drop down menu.

5 5. Select the Depreciation Forms report from the Select a Report to Print screen and press OK to get the report. 6. On the Report Criteria screen, accept all the default values and press OK to print. 7. You can print a hard copy of the report by clicking the printer icon found on the task bar at the top of the report screen. You now have a completed Depreciation Form report. Look for the returns that have an X in the Form 4562 column. You will want to open and verify the assets in each of these. Please follow these steps to verify your depreciation: 1. Open the return list by clicking File > Open Return List. 2. Select the return using the SSN provided by the Depreciation Report. 3. View the list of forms in the Tree at the left side of the TaxWise window to find the depreciation worksheets. These are named Depr Wkt. 4. Open each Depr Wkt and verify that all depreciation methods, current and prior-year depreciation amounts are in agreement with your previous program. NOTE: If no method has converted, you should select the most appropriate TaxWise method for that asset so that depreciation will continue. 5. You will notice that some Depr Wkts have a red exclamation point to the left of the Depr Wkt name. This could mean that some item (such as method or prior year AMT depreciation) may not have converted from your prior program. 6. In general, we do not convert answers to questions that must be answered again next year (such as listed property questions or mileage). These required questions will also show in red on the Depr Wkt. There is no need to enter any information for these questions. After you have completed verifying your depreciation, you may close the program and be confident that all your asset valuations will be correctly represented in 2014 TaxWise Conversion Items to Note Overridden Entries in Forms View

6 The information converted from UltraTax into TaxWise is taken from the input screens in UltraTax. Any entries that were overridden on the forms view in UltraTax will not be converted. Prior Year Unallowed Loss & Credit Carryforwards to 2014 The prior year unallowed loss carryovers & credit carryforwards to 2014 may not convert correctly because the necessary fields to calculate these carryovers may or may not available for conversion from UltraTax. Therefore, we strongly advise you to check the prior year unallowed loss & credit carryforwards closely in all applicable returns. Dependent Code If the dependent code in UltraTax is blank, then the dependent code type in TaxWise will be 0 (Non-Dependents). Form 6252 Due to the existence of both calculated and overridden fields, the information on Form 6252 may or may not convert correctly. We strongly advise you to review this form in all applicable returns for completeness and accuracy. Punctuation in UltraTax UltraTax allows all forms of punctuation to be entered for most description fields; however, TaxWise does not. Therefore, if punctuation has been entered in UltraTax these fields may or may not convert. We strongly advise you to check all applicable returns closely. Form 2106 Reimbursements from Employer UltraTax allows data to be entered for both Meals and Entertainment (50% limitation) and Meals and Entertainment (DOT limitation) while TaxWise only allows for one and not both. Therefore, the Reimbursements from Employer may or may not convert accurately. Please check for accuracy on Line 7- Reimbursements Received from Employer. Form 8839 Qualified Adoption Expenses Due to differences between UltraTax calculations and TaxWise calculations for a foreign child adoption the total qualified adoption expense for a foreign child may or may not convert correctly. If a foreign child is present on Form 8839 we strongly advise you to check amounts and totals for accuracy.

7 1040 Conversion Items Client Information Taxpayer name Spouse name Taxpayer social security number Spouse social security number Filing status Presidential election Taxpayer occupation Spouse occupation Taxpayer DOB Spouse DOB Street address City State Zip Foreign street address Foreign city, state, province and zip code Foreign country Taxpayer telephone number day Taxpayer telephone number evening Taxpayer address Spouse telephone number day Spouse telephone number evening Cell phone or fax designation Cell or fax number Taxpayer blind Spouse blind Married Filing Separately spouse name Married Filing Separately spouse SSN HH Qualifying dependent name HH Qualifying dependent SSN Qualifying Widow(er) year spouse died Date of Death Taxpayer Date of Death Spouse Prior year PIN- Taxpayer Prior year PIN- Spouse Prior year AGI Dependent Information Dependent first name Dependent last name Dependent SSN Dependent DOB Relationship Months in home Dependent code Dependent Care Expense Indicator Earned Income Credit Eligibility Indicator Wages, Salaries, and Tips (W-2) Owner (Taxpayer or Spouse) Employer name Employer address Employer city Employer state Employer ZIP Federal EIN Box 1 Wages, tips and compensation Box 2 Federal withholding Box 3 Social security wages Box 4 Social security tax withheld Box 5 Medicare wages Box 6 Medicare tax withheld Box 12 (1-4) Code Box 12 (1-4) Amounts Box 14 (1-4) Other Type Box 14 (1-4) Other amounts Statutory employee indicator Retirement plan indicator Third party sick pay indicator State Name (1-4) State Withholding (1-4) Locality Name (1 4) Local Tax Withheld (1-4) State Tax Refund Worksheet Line 1- State 1 tax refund (Joint/Taxpayer, Spouse) Line 1 - State 2 tax refund (Joint/Taxpayer, Spouse) Line 2 Schedule A line 5a- Income taxes (Joint/Taxpayer, Spouse) Line 2 Schedule A line 5b- General taxes (Joint/Taxpayer, Spouse) Line 6- Itemized deductions (Joint/Taxpayer, Spouse)

8 Line 7- Filing status for 2012 (Joint/Taxpayer, Spouse) Line 16- Taxable income for 2012 (Joint/Taxpayer, Spouse) Unemployment benefits (1099G) Owner (Taxpayer or Spouse) Payer name Unemployment benefits received Repayment of benefits received Federal tax withheld State tax withheld Pensions, IRA Distributions (1099R) Owner (Taxpayer or Spouse) Payer name Payer address Payer city Payer state Payer ZIP Federal EIN Gross distribution Taxable amount Taxable Amount Not determined indicator Total Distributions indicator Capital Gain in Line 2 Federal Income Tax Withheld Box 7 code IRA/SEP/SIMPLE indicator State name 1 and 2 State ID 1 and 2 Locality name 1 and 2 State tax Withheld Local tax Withheld Simplified Method- Cost in Plan Simplified Method- Annuity starting age checkbox Simplified Method- Starting date Simplified Method- Number of Months Simplified Method- Amount recovered in previous years Social Security & Other Income Worksheet Household employee income Taxable scholarships and fellowships Social security received this year Railroad tier 1 received this year Medicare premiums to Schedule A Federal tax withheld IRA Worksheet IRA contributions for Taxpayer IRA contributions for Spouse Estimated Tax Payments Worksheet Federal refund applied from prior year 1 st Quarter federal payment 2 nd Quarter federal payment 3 rd Quarter federal payment 4 th Quarter federal payment State refund applied from prior year 1 st Quarter federal payment 2 nd Quarter federal payment 3 rd Quarter federal payment 4 th Quarter federal payment Itemized Deductions (Schedule A) Real estate taxes paid on residence Other taxes type description Other tax type amounts Mortgage individual name Mortgage individual address Mortgage individual TIN Mortgage individual amount State & Local Income Taxes Other Real Estate Taxes Personal Property Taxes Mortgage Interest and Points Employee expense description and amounts Other misc. expenses subject to the 2% floor description and amounts Other miscellaneous deductions not subject to the 2% floor description and amounts Tax Preparation Fees Itemized Deductions (Schedule A detail) Medical miles Medical expense description an additional worksheet is available Medical expense amount an additional worksheet is available

9 Charitable miles 50% cash charity description an additional worksheet is available 50% cash charity amounts an additional worksheet is available 30% cash charity description an additional worksheet is available 30% cash charity amounts an additional worksheet is available 50% non cash charity description an additional worksheet is available 50% non cash charity amounts an additional worksheet is available 30% and 20% non cash charity description 30% and 20% non cash charity amounts Contribution carryovers Interest and Dividend Income (Schedule B) Seller financed mortgage name Seller financed mortgage SSN/EIN Seller financed mortgage address Seller financed mortgage amounts Interest source description Interest amount Early Withdrawal Penalty Interest Income Federal Withholding NAEOB code NAEOB amount Dividends source description Ordinary dividends Qualified dividends Capital Gain Unrecaptured Section 1250 Gain 28% Gain Dividend Income Federal Withholding Exempt Interest Dividends AMT Private Activity Bond Foreign country Business Income (Schedule C) Owner (Taxpayer or Spouse) Business description Business code Business name Business address Business city, state, ZIP EIN Accounting method Accounting method other description Material participation indicator Gross receipts or sales Returns and allowances Other income Advertising Commissions and fees Contract labor Depletion Employee benefit programs Insurance Mortgage interest paid to bank Other interest Legal and professional services Office expense Pension and profit-sharing plans Rent or lease of vehicles, machinery and equipment Rent or lease of other business property Repairs and maintenance Supplies not in page 2 Taxes and licenses Travel expenses Meals at 50% Meals at 80% Meals at 100% Wages Utilities Other expense description Other expense amounts Prior year unallowed loss Prior year unallowed AMT loss Inventory method Page 2 Inventory at beginning of year Page 2 Purchases less amount withdrawn for personal use Page 2 Cost of labor Page 2 Material and supplies Page 2 Other costs Page 2 Ending inventory Page 2 Capital Gains (Schedule D) Short Term Carryforward to next year

10 Long Term Carryforward to next year Description of Properties Date Acquired Date Sold Sales amount 1099 Designation Cost or basis amount Code Adjustments to gain or loss 28% gain or loss checkbox Short/Long term designation Rent and Royalty Income (Schedule E) Property Street Address A, B, C Property City, State, and Zip code A, B, C Property Type A, B, C Property Rental Days A, B, C Property Personal Days A, B, C Property QJV checkbox A, B, C Active participation Real estate professional Property Sold Owner (Taxpayer, Spouse, Joint) Personal use indicator Rents Received Royalties Received Advertising Auto and travel Cleaning and maintenance Commissions Insurance Legal and other professional fees Management fees Mortgage interest paid to banks Other interest Repairs Supplies Taxes Utilities Other expense description Other expense amount Rent and Royalty Income (Schedule E Duplicate) Property Street Address A, B, C Property City, State, and Zip code A, B, C Property Type A, B, C Property Rental Days A, B, C Property Personal Days A, B, C Property QJV checkbox A, B, C Active participation Real estate professional Property Sold Owner (Taxpayer, Spouse, Joint) Personal use indicator Rents Received Royalties Received Advertising Auto and travel Cleaning and maintenance Commissions Insurance Legal and other professional fees Management fees Mortgage interest paid to banks Other interest Repairs Supplies Taxes Utilities Other expense description Other expense amount Prior year loss carryforward to next year Prior year AMT loss carryforward to next year Farm Income (Schedule F) Owner (Taxpayer or Spouse) Principal product Activity business code Accounting method FEIN Material participation Sales of livestock purchased for resale Cost of livestock purchased for resale Sales of livestock you raised Total cooperative distributions Cooperative distributions taxable amount

11 Agricultural program payment Agricultural program payment taxable amount CCC loans reported under election CCC loans forfeited CCC loans taxable amount Crop insurance proceeds Crop insurance taxable amount Crop insurance defer to next year indicator Amount deferred from last year Custom hire Other income Car and truck expenses Chemicals Conservation expenses Custom hire Employee benefit programs Feed Fertilizers and lime Freight and trucking Gasoline, fuel and oil Insurance Mortgage interest Other interest Labor hired before credits Pension plans Rent or lease of other property Repairs and maintenance Seeds and plants purchased Storage and warehousing Supplies purchased Taxes Utilities Veterinary, breeding and medicine Other expense description Other expense amount Prior year loss carryforward to next year Prior year AMT loss carryforward to next year Sales during the year Page 2 Total cooperative distributions Page 2 Total cooperative distributions taxable amount Page 2 Agricultural program payments Page 2 Agricultural program payments taxable amount Page 2 CCC loans reported under election Page 2 CCC loans forfeited Page 2 CCC loans taxable amount Page 2 Crop insurance proceeds Page 2 Custom hire income Page 2 Other income amount Page 2 Inventory at beginning of year Page 2 Cost of purchases Page 2 Ending inventory Page 2 Farm Income (Form 4835) Owner (Taxpayer, Spouse, Joint) FEIN Income from production Total cooperative distributions Total cooperative distributions taxable amount Agricultural program payments Agricultural program payment taxable amount CCC loans reported under election CCC loans forfeited CCC loans taxable amount Crop insurance proceeds Crop insurance proceeds taxable amount Crop insurance proceeds deferral to next year indicator Crop insurance proceeds amount deferred from last year Other income Car and truck expenses Chemicals Conservation expenses Custom hire Employment benefit programs Feed Fertilizers and lime Freight and trucking Gasoline, fuel and oil Insurance Mortgage interest Other interest Labor hired Pension and profit sharing plans Rent or lease of vehicles, machinery and equipment

12 Other rent or lease Repairs and maintenance Seeds and plants purchased Storage Supplies Taxes Utilities Veterinary, breeding and medicine Other expense description Other expense amount Prior year loss carryforward to next year Prior year AMT loss carryforward to next year Vehicle/Business Employee Expense (Form 2106) Taxpayer/Spouse Indicator Occupation Parking, tolls, transportation Travel away from home Other business expense Meals & Entertainment expense Employer reimbursements other than meals and entertainment Employer reimbursements for meals and entertainment Minister s expense checkbox QPA, FBO, Impairment-related work expenses indicators Vehicle date placed in service 1 and 2 Page 2 Total vehicle mileage 1 and 2 (page 2) Business miles 1 and 2 (page 2) Vehicle actual expenses (page 2) Child and Dependent Care Expenses (Form 2441) Provider name Provider address Provider city, state, ZIP Provider SSN or EIN EIN checkbox Amount Paid To Provider Qualifying persons name Qualifying persons social security number Qualifying persons expenses paid Foreign Earned Income (Form 2555) Taxpayer/Spouse Indicator Foreign Address Foreign Country Country Code Occupation Employer s Name Employer s U.S. Address Employer s Foreign Address Employer Entity Type Employer Entity Type Other description Previous year form 2555 filed Type of exclusion Country of which a citizen/national Moving Expenses (Form 3903) Number of miles from old home to new workplace Number of miles from old home to old workplace Amount paid for transportation and storage Other travel and lodging expenses Amount paid by employer Estate and Trust Information (Form K-1) Owner (Taxpayer or Spouse) Estate name EIN Interest income Ordinary dividends Qualified Dividends Net short-term capital gain Net long-term capital gain Unrecaptured section 1250 gain 28% rate gain Other portfolio and nonbusiness income Ordinary business income Rental real estate Other rental income Estate tax deduction Excess deduction on termination Short-term capital loss carryover Long-tern capital loss carryover

13 NOL carryover for regular tax purposes Accelerated depreciation for Ordinary nonpassive, Active rental, and Passive Income Exclusion Items Partnership Information (Form K-1) Partnership name Foreign partnership checkbox Entity type Partnership or S-Corp (P or S) EIN Tax shelter registration number PTP box PTP sold this year Real estate professional (material participation) indicator Ordinary business income is passive indicator Rental real estate income from active participation indicator Other income from active rental real estate indicator Other income from passive activity indicator Ordinary business income Net rental real estate income (loss) Other net rental income (loss) Guaranteed payments to partner Interest Income Ordinary Dividends Qualified Dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) Collectibles 28% Unrecaptured section 1250 gain Net section 1231 gain (loss) Cash contributions 50% Cash contributions 30% Noncash contributions 50% Noncash contributions 30% Capital gain property to 50% organization 30% Capital gain property 20% Deductions Portfolio 2% floor Deductions Portfolio other Investment expense Deductions Royalty income Medical insurance Dependent care benefits Qualified production activities Employer s Form W-2 wages Penalty on early withdrawal of savings Net earnings from self-employment Gross farming or fishing income Depreciation adjustment post 86 ordinary, active rental, passive Tax-exempt interest income Investment expense S-Corporation Income (Form K-1) Owner (Taxpayer or Spouse) S-Corp name Foreign corporation checkbox Entity type Partnership or S-Corporation (P or S) EIN Tax shelter registration number Real estate professional (material participation) indicator Ordinary business income is passive indicator Rental real estate income from active participation indicator Other income from active rental real estate indicator Other income from passive activity indicator Ordinary business income Net rental real estate income (loss) Other net rental income (loss) Interest Income Ordinary Dividends Qualified Dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) Collectibles 28% Unrecaptured section 1250 gain Net section 1231 gain (loss) Cash contributions 50% Cash contributions 30% Noncash contributions 50% Noncash contributions 30%

14 Capital gain property to 50% organization 30% Capital gain property 20% Deductions - portfolio 2% floor Deductions portfolio other Deductions royalty income Medical insurance Dependent care benefits Qualified production activities Employer s Form W-2 wages Penalty on early withdrawal of savings Backup withholding Depreciation adjustment post 86 ordinary, active rental, passive Tax-exempt interest income Investment expense Installment Sale Income (Form 6252) Description of property Date acquired Date sold Selling price Existing mortgage assumed Cost or other basis Depreciation allowed or allowable Expenses of the sale Marketable security checkbox Related party checkbox Report of Schedule D or Form 4797 indicator Subject to 28% tax rate checkbox Profit percentage Current payments received Prior payments received Mortgage Interest Credit (Form 8396) Street address Zip code, City, State Name of issuer Mortgage credit certificate number Issue date Interest paid Certificate rate Current year mortgage interest Credit carryforward from 2010 Credit carryforward from 2011 Credit carryforward from 2012 Credit for Prior Year Minimum Tax (Form 8801) Filing status last year Last year Form 6251, combined lines 1, 6, and 10 Adjustments and preferences total amount Minimum tax credit NOL deduction Minimum tax foreign tax credit 2012 Form 6251, line Form 6251, line Form 8801, line unallowed qualified electric vehicle credit Nondeductible IRA s (Form 8606) Current year non-deductible contributions Basis for prior years Business Use of Home (Form 8829) Area used for business Total area of home Number of days used Hours per day used Business Percentage Schedule C copy number Business Income/loss Direct and Indirect expenses Office in Home worksheet Owner (Taxpayer or Spouse) Area used for business Total area of home Number of days used Hours per day used Business Percentage Schedule C copy number Business Income/loss Direct and Indirect expenses Adjusted basis of home Date placed in service Method Recovery period Prior depreciation Date business use ceased

15 Qualified Adoption Expenses (Form 8839) First and Last Name for Child 1 First and Last Name for Child 2 First and Last Name for Child 3 Year of birth for Child 1, 2, and 3 ID Number for Child 1, 2, and 3 Special Needs checkbox Owner (Taxpayer / Spouse) Account holder died in 2013 checkbox Archer MSA contribution made in 2013 Compensation from employer Deductible amount Months covered Disabled and born before 1993 Adoption became final 2013 and before checkbox Amount of prior year 8839 Amount of Qualified Adoption expenses Archer MSA and Long-term Care Insurance Contracts (Form 8853) Domestic Production Activities Deduction (Form 8903) Domestic production gross receipts (DPGR) Oil Related activities Domestic production gross receipts (DPGR) All Activities Allocable costs of goods sold Oil-related activities Allocable costs of goods sold All Activities Deductions and losses allocable to DPGR Oil Related activities Deductions and losses allocable to DPGR All Activities Form W-2 wages Domestic production activities deduction from cooperatives Depreciation Worksheet Description of property Date placed in service Schedule E Property Column (A, B, or C) Residential rental indicator Cost or Basis Salvage/Land value Business use %, listed and vehicle Method Recovery period Convention Prior year depreciation Current year 179 deduction Prior year 179 deduction Recovery period for AMT Prior AMT depreciation Amortization code section Date sold Selling price Selling expense

16 Property code section