Drake Tax - TN FAE 170 - Schedule G (Real and Tangible Property)

Article #: 18443

Last Updated: December 05, 2024

 


Tags: Drake Tax1120C

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Tennessee Form FAE 170, Schedule G amounts flow from entries made on the federal 4562 screens, which carry to Form 1120, Schedule L in View/Print mode.

Overrides for Schedule L at the federal level can be made using the L and L2 screens. If you need to change the way that assets are reported on just TN Form FAE 170, Schedule G, use the override fields on TN screen G.

Important  Entries made in the State-Specific Information section on the federal 4562 screen do not flow to the Tennessee return.

If you need to apportion assets between multiple states, the APPT screen should be used (see Drake Tax - 1120, 1120-S, 1065: Multistate Apportionment for more information about this feature).