Tax
You can assign tax groups, tax sub-groups, and tax property numbers to each account. You can maintain up to 100 properties for rental real estate, farm, and Schedule C business. The property numbers assigned to the accounts will keep each property separate when it flows to the tax return.
Use the Tax Summary Report to review the account groupings and sub-totals before sending the tax balances to the tax return. From this report, there is an option to link the engagement to a tax return in CCH Axcess Tax. The link will send tax balances to the selected tax return. Alternatively, you can download a file locally and import it into either CCH ProSystem fx Tax or CCH Axcess Tax.
See the following topics for more information: