Configuring Auto-Reversal of State Tax Deduction

The State Tax Deduction on the Current Provision data form may require an adjustment for equity reversal in the Current Provision Regional data form.

In the Current Provision Regional data form, equity items (for example, Perms, Temps) are reversed so that there is no impact on the current tax provision regional. Consequently, there will be no tax deduction on the current provision as a result. To deduct the amount taken on the current provision regional, add the following lines of code in the Post_taxautomation sub routine.

A_DEDUCT_INC_TAX_OTH_REV

"DeductIncTaxOtherReversal"

ActiveRegion="A#"&A_ACTIVE_REGION & CUSTOMS_NONE_NO_JD_TT

&"/A#"&A_ACTIVE_REGION &CUSTOMS_NONE_NO_JD_TT

HS.Exp "A#"&A_DEDUCT_INC_TAX_OTH_REV &".DC#"&DC_PRETAX_INPUT

&".TT#"&TT_REGIONAL &"=-A#"&A_DEDUCT_INC_TAX_OTH & ".DC#"&DC_PRETAX_INPUT

Additionally, if required, the DeductIncTaxOtherReversal account can have IsCalculated set to Yes so that you can prevent input.