NEW YORK STATE FACTS SHEET

Transcription

1 NEW YORK STATE FACTS SHEET State Packages 1040, 1120, 1120S, 1065, 1041, 706, and 990 Electronic Filing New York State Returns: Individual Form types IT-201, IT-203, IT-201-X, IT-203-X, IT-214-SA, IT-370, IT-2105, NYC-208-SA and NYC-210 Approved 11/21/2017 oration Form types CT-3, CT-300, CT-5 and CT-5.1 Approved 12/18/2017 S oration Form types CT-3S and CT-5.4 Approved 12/18/2017 Partnership Form type IT-204 Approved 12/26/2017 and Form types IT-370-PF and IT-204-LL Approved 12/07/2017 Fiduciary Form types IT-205 and IT-2106 Approved 12/21/2017 and Form type IT-370-PF Approved 12/21/2017 New York City Returns: Individual Form types NYC-202, NYC-202S and NYC-EXT) Approved 12/29/2017 Form type NYC-1127) Approved 1/23/18 oration Form types NYC-2, NYC-2S, NYC-300, NYC-EXT and NYC-EXT.1 Approved 1/26/2018 S oration Form types NYC-3L, NYC-4S, NYC-4SEZ, NYC-EXT and NYC-EXT.1 Approved 1/26/2018 Partnership Form types NYC-204, NYC-204EZ and NYC-EXT Approved 12/29/2017 Fiduciary Form types NYC-202EIN and NYC-EXT Approved 12/29/2017 Online Filing Individual Linked only Form types IT-201 and IT-203 Approved 11/29/2017 City Packages New York City and Yonkers 2D Barcode Individual Approved 01/12/2018 Partnership Approved 01/12/2018 Fiduciary Approved 01/12/2018 Individual Offers most forms and schedules for the 1040 returns Amended return (IT-201-X and IT-203-X) automatically transfer data if the current tax year is being calculated Prepares estimates and extensions Supports e-file of Form IT-204-LL, Partnership, LLC, and LLP Filing Fee Payment form Generates worksheets from the New York, New York City, and Yonkers instructions to support detailed calculations Special Calculations: Pension Income nontaxable to New York (Pension worksheet) Part-year allocation of income (Allocation worksheet) Sales and Use tax calculation Automatically determines the better deduction (Itemized or Standard) Estimated New York adjusted gross income (AGI) calculation (IT-2105 estimated tax worksheet line 1) Worksheet shows the detailed calculation of next year s New York AGI separately for the taxpayer and spouse Order of applying nonrefundable credits Preparer can indicate the order in which the program should apply nonrefundable credits For a free demo, call our Sales Department DRAKE SOFTWARE 235 EAST PALMER STREET FRANKLIN, NC FAX: SALES@DRAKESOFTWARE.COM DRAKESOFTWARE.COM

2 Business Offer most forms and schedules for 1120, 1120S, 1065, and 1041 returns Offer all forms and schedules for 706 and 990 returns Supports filings for a federal S corporation that files as a New York C corporation Generates worksheets from the New York State and City instructions to support detailed calculations Prepares estimates and extensions Electronic Filing Features A fully integrated e-file module for the New York State Individual package (IT-201, IT-203, IT-201-X, IT-203-X, IT-214-SA, IT-370, IT-2105, NYC-208-SA, NYC-210 and IT-204-LL) A fully integrated e-file module for the New York City Individual (UBTI and 1127) package (NYC-202, NYC-202S, NYC-1127, NYC-EXT, and NYC-5UBTI) A fully integrated e-file module for the New York State C oration package (CT-3, CT-300, CT-5 and CT-5.1) A fully integrated e-file module for the New York State S oration package (CT-3S, CT-5.4, CT-3, CT-300, CT-5, and CT-5.1) A fully integrated e-file module for New York City C corporation (COR) and S oration (GCT) packages (NYC-2, NYC-2S, NYC-300, NYC-3L, NYC-4S, NYC-4SEZ, NYC-EXT and NYC-EXT.1) A fully integrated e-file module for the New York State Partnership package (IT-204, IT-204-LL and IT-370-PF) A fully integrated e-file module for New York City Partnership (UBTP) package (NYC-204, NYC-204EZ, NYC-5UB, and NYC-EXT) A fully integrated e-file module for the New York State Fiduciary package (IT-205, IT-2106 and IT-370-PF) A fully integrated e-file module or the New York City Fiduciary (UBTEIN) package (NYC-202EIN, NYC-EXT, and NYC 5UBTI) Returns can be e-filed either linked or unlinked from the federal return e-filing software identifies and corrects many errors that slow processing and delay refunds e-file of the New York State quarterly estimated payments (IT-2105 and IT-2106) e-file of extension payments Accepts direct deposit and direct debit of funds W-2 Verification Code 2D Barcode 2D Barcodes for paper returns for the New York State individual, partnership, and fiduciary forms New York State Individual IT-201 Resident Income Tax Return IT-203-C Non/Part-Year Resident Spouse s Certification IT-201-D Resident Itemized Deduction Schedule IT-203-F Multi-Year Allocation Form IT-201-ATT Other Tax Credits/Taxes Attachment to IT-201 IT-204-LL Partnership, LLC and LLP Filing Fee Payment IT-201-X Amended Resident Income Tax Return IT-209 Noncustodial Parent NYS Earned Income Credit IT-201-V Payment Voucher for Income Tax Returns IT-211 Special Depreciation Schedule IT-203 Non and Part-Year Resident Income Tax Return IT-212 Investment Credit IT-203-D - Non and Part-Year Resident Itemized Ded IT-212-ATT Barn Rehab/Employment Incentive Credit Schedule IT-203-ATT - Other Tax Credits/Taxes Attachment to IT- IT-213 Empire State Child Credit 203 IT-203-X - Amended Non and PY Resident Income Tax IT-213-ATT - Child Information for Empire State Child Credit Return IT-2 Summary of W-2 Statements IT-214 Real Property Tax Credit IT-1099-R Summary of Federal Form 1099-R Statements IT-215 Earned Income Credit DTF-624 Low-Income Housing (LIH) Credit IT-216 Child and Dependent Care Credit DTF-625 LIH Credit Allocation and Certification IT-217 Farmers School Tax Credit IT-219 Credit for NYC Unincorporated Business Tax DTF-626 Recapture of Low-Income Housing Credit IT-221 Disability Income Exclusion IT-6-SNY MCTMT for START-UP NY IT-222 GCT Credit for Full-Year NYC Residents IT-112-C Credit for Taxes Paid to a Province of Canada IT-223 Innovation Hot Spot Deduction IT-112-R New York State Resident Credit IT-225 New York State Modifications IT Resident Credit Against Separate Tax on LSD IT-230 Separate Tax on Lump-Sum Distributions (LSD) IT-119 STAR Credit Advance Payment Reconciliation IT-237 Historic Homeownership Rehabilitation Credit IT-135 Sales and Use Tax Report (Cost $25,000 or more) IT-241 Clean Heating Fuel Credit IT-182 Passive Activity Loss Limitations IT-245 Volunteer Firefighters / Ambulance Workers Credit IT-195 Allocation of Refund IT-249 Long-Term Care Insurance Credit

3 IT-203-A Business Allocation Schedule IT-250 Credit for Purchase of Automated Ext Defibrillator IT-203-B Income Allocation and Tuition Itemized Deduction IT-251 Credit for Employment of Persons with Disabilities IT-253 Alternative Fuels Credit IT-639-ATT Eligible Employee Information for Form IT-639 IT-255 Solar Energy System Equipment Credit IT-641 Manufacturer s Real Property Tax Credit IT-256 Special Additional Mortgage Recording Tax Credit IT-643 Hire a Veteran Credit IT-257 Claim of Right Credit IT-645 Recapture of START-UP NY Tax Benefits IT-258 Nursing Home Assessment Credit IT-647 Farm Workforce Retention Credit IT-272 College Tuition Credit or Itemized Deduction Y-203 Yonkers Nonresident Earnings Tax Return IT-280 Nonobligated Spouse Allocation IT Certificate of Income Tax Withheld IT-285 Request for Innocent Spouse Relief IT-2104 Employee s Withholding Allowance Certificate IT Change of City Resident Status IT-2104-E Certificate of Exemption from Withholding IT-370 Request for Six-Month Extension of Time to File IT-2104-IND NYS Cert of Exemption from Withholding IT-398 Depreciation Schedule or IRC Section 168(k) IT-2104-MS NYS Withholding Exemption Certificate Property IT-399 New York State Depreciation Schedule IT-2104-P Annuitant s Request for Income Tax Withholding IT-501 Temporary Deferral Nonrefundable Payout Credit IT Cert of Nonresidence /Allocation Withholding IT-601 EZ and ZEA Wage Tax Credit IT-2105 Estimated Payment Voucher IT-603 EZ Investment/EZ Employment Incentive Tax Credit IT Underpayment of Estimated Income Tax IT-604 QEZE Tax Reduction Credit NYC-208 NYC Enhanced Real Property Tax Credit IT-606 QEZE Credit for Real Property Taxes NYC-210 NYC School Tax Credit IT-607 Excelsior Jobs Program Tax Credit IT-611 Brownfield Redevelopment Tax Credit TR e-file Mandate Information for Taxpayers IT Brownfield Redevelopment Tax Credit TR e-file Mandate Information for Paid Preparers IT-612 Remediated Brownfield Credit for Real Prop Taxes TR-579-IT e-file Authorization Form IT-634 Empire State Jobs Retention Program Credit TR IT Authorization for EFW for Forms IT-370 / 2105 IT-635 Urban Youth Jobs Program Tax Credit TR-2000 Tax Info Access/Transfer Authorization Form IT-636 Alcoholic Beverage Production Credit NY_ALLOC Part-Year Resident Income Allocation Wks. IT-637 Alt Fuels/Electric Vehicle Recharging Property Credit NYES_INC Estimated NYS Adjusted Gross Income Wks. IT-638 START-UP NY Tax Elimination Credit NY_PNSN Pension Income nontaxable to NYS Worksheet IT-639 Minimum Wage Reimbursement Credit New York City Individual (UBTI and 1127) NYC-202 Unincorporated Business Tax (UBT) Return NYC Biotechnology Credit NYC-202S UBT Return for Individuals NYC Claim for Beer Production Credit NYC-221 Underpayment of Estimated UBT NYC-5UBTI Estimated Payment Voucher NYC-399 Schedule of NYC Depreciation Adjustments NYC-NOLD-UBTI NOL Deduction Computation NYC-579-UBTI e-file Authorization Form NYC REAP Credit Applied to UBT NYC-1127 Nonresident Employees of the City of NY Return NYC Credit Applied to UBT NYC LMREAP Credit Applied to UBT New York State oration CT-2 oration Tax Return Summary CT-601 EZ and ZEA Wage Tax Credit CT-3 General Business oration Franchise Tax Return CT-603 EZ Investment Tax/Employment Incentive Credit CT-3.1 Investment and Other Exempt Income/Capital CT-604 QEZE Tax Reduction Credit CT-3.2 Subtraction Modification for Qualified Banks CT-606 QEZE Credit for Real Property Taxes CT-3.3 Prior Net Operating Loss Conversion Subtraction CT-634 Empire State Jobs Retention Program Credit CT-3.4 Net Operating Loss Deduction CT-635 Urban Youth Jobs Program Tax Credit CT-3-M GCT MTA Surcharge Return CT-636 Alcoholic Beverage Production Credit CT-5 Request for Six-Month Extension to File CT-638 START-UP NY Tax Elimination Credit CT-5.1 Request for Additional Extension of Time to File CT-639 Minimum Wage Reimbursement Credit CT-6 Elect by a Federal S to be Treated as a NY S CT-641 Manufacturer s Real Property Tax Credit CT-6.1 Termination of Election to be Treated as a NY S CT-643 Hire a Veteran Credit CT-43 Special Additional Mortgage Recording Tax Credit DTF-624 Low-Income Housing (LIH) Credit CT-46 Investment Tax Credit DTF-625 LIH Credit Allocation/Certification CT-47 Farmers School Tax Credit CT-60 Affiliated Entity Information Schedule DTF-626 Recapture of Low-Income Housing Credit CT-200-V Payment Voucher DTF-630 Green Building Credit CT-222 Underpayment of Estimated Tax CT-223 Innovation Hot Spot Deduction TR-573-CT e-file Mandate for s / Paid Preparers

4 CT-225 New York State Modifications CT-300 Mandatory First Installment of Estimated Tax CT-399 Depreciation Adjustment Schedule CT-600 Ordering of oration Tax Credits TR-579-CT e-file Authorization Form TR CT Authorization for EFW for Extensions TR-2000 Tax Info Access/Transfer Authorization Form New York City oration (COR) NYC-2 Business oration Tax (BCT) Return NYC-2S Business oration Tax Return Short form NYC-2.1 Investment and Other Exempt Income/Capital NYC-9.12 Claim for Beer Production Credit NYC-9.7 Credit Applied to BCT and GCT NYC-222 Underpayment of Estimated Tax NYC-2.2 Modification for Qualified Banks/Lenders NYC-300 Mandatory First Installment NYC-2.3 Prior Net Operating Loss Conversion Subtraction NYC-399 Schedule of NYC Depreciation Adjustments NYC-2.4 Net Operating Loss Deduction NYC-399Z Depreciation Adjustment for Certain Post 9/10/01 NYC-2.5 Computation of Receipts Factor NYC-400 Estimated Payment Voucher NYC-579-COR e-file Authorization Form NYC-EXT.1 Application for Additional Extension New York State S oration CT-3S S corporation Franchise Tax Return CT-225 New York State Modifications CT-34-SH S corporation Shareholders Information CT-300 Mandatory First Installment of Estimated Tax Schedule CT-5.4 Request for Six-Month Extension to File CT-399 Depreciation Adjustment Schedule IT-2658 Report of Estimated Tax for Shareholders CT-600 Ordering of oration Tax Credits IT-2658-E Certificate of Exemption from Estimated Tax CT-601 EZ and ZEA Wage Tax Credit IT-2658-NYS Attachment to Form IT-2658 CT-603 EZ Investment Tax/Employment Incentive Credit IT-2659 Estimated Tax Penalties for New York S s CT-604 QEZE Tax Reduction Credit CT-2 oration Tax Return Summary CT-606 QEZE Credit for Real Property Taxes CT-3 General Business oration Franchise Tax Return CT-634 Empire State Jobs Retention Program Credit CT-3.1 Investment and Other Exempt Income/Capital CT-635 Urban Youth Jobs Program Tax Credit CT-3.2 Subtraction Modification for Qualified Banks CT-636 Alcoholic Beverage Production Credit CT-3.3 Prior Net Operating Loss Conversion Subtraction CT-638 START-UP NY Tax Elimination Credit CT-3.4 Net Operating Loss Deduction CT-639 Minimum Wage Reimbursement Credit CT-3-M GCT MTA Surcharge Return CT-641 Manufacturer s Real Property Tax Credit CT-5 Request for Six-Month Extension to File CT-643 Hire a Veteran Credit CT-5.1 Request for Additional Extension of Time to File DTF-624 Low-Income Housing Credit CT-6 Elect by a Federal S to be Treated as a NY S DTF-625 LIH Credit Allocation/Certification CT-6.1 Termination of Election to be Treated as a NY S CT-43 Special Additional Mortgage Recording Tax Credit DTF-626 Recapture of Low-Income Housing Credit CT-46 Investment Tax Credit DTF-630 Green Building Credit CT-47 Farmers School Tax Credit CT-60 Affiliated Entity Information Schedule TR-573-CT e-file Mandate for orations / Paid Preparers CT-200-V Payment Voucher TR-579-CT e-file Authorization Form CT-222 Underpayment of Estimated Tax TR CT Authorization for EFW for Extensions CT-223 Innovation Hot Spot Deduction TR-2000 Tax Infor Access/Transfer Authorization Form New York City S corporation (GCT) NYC-3L General oration Tax (GCT) Return NYC-9.12 Claim for Beer Production Credit NYC-4S General oration Tax (GCT) Return NYC-9.7 Credit Applied to BCT and GCT NYC-4SEZ General oration Tax (GCT) Return NYC-222 Underpayment of Estimated Tax NYC-ATT-S-CORP Calculation of FTI for S orations NYC-399 Schedule of NYC Depreciation Adjustments NYC-EXT.1 Request for Additional Extension NYC-400 Estimated Payment Voucher NYC-NOLD-GCT NOL Deduction Computation NYC-579-GCT e-file Authorization Form New York State Partnership IT-204 Partnership Return IT-398 Depreciation Schedule or IRC Section 168(k) Property IT New York orate Partners Schedule K IT-399 New York State Depreciation Schedule IT-204-CP New York orate Partner s Schedule K-1 IT-241 Clean Heating Fuel Credit IT-241

5 IT-204-IP New York Partner s Schedule K-1 IT-249 Long-Term Care Insurance Credit IT-204-LL Partnership, LLC and LLP Filing Fee Payment IT-250 Credit for Purchase of Automated Ext Defibrillator IT-370-PF Request for Extension of time to File IT-251 Credit for Employment of Persons with Disabilities CT-2658 Report of Estimated Tax for orate Partners IT-253 Alternative Fuels Credit CT-2658-ATT Attachment to Form CT-2658 IT-256 Special Additional Mortgage Recording Tax Credit CT-2658-E Certificate of Exemption from Estimated Tax IT-603 EZ Investment/EZ Employment Incentive Tax Credit IT-2658 Report of Estimated Tax for Nonresident Partners IT-604 QEZE Tax Reduction Credit IT-2658-E Certificate of Exemption from Estimated Tax IT-606 QEZE Credit for Real Property Taxes IT-2658-NYS Attachment to Form IT-2658 IT-634 Empire State Jobs Retention Program Credit IT-2658-MTA Report of Estimated MCTMT IT-637 Alt Fuels/Electric Vehicle Recharging Property Credit IT-2659 Estimated Tax Penalties for Partnerships IT-641 Manufacturer s Real Property Tax Credit DTF-624 Low-Income Housing (LIH) Credit IT-643 Hire a Veteran Credit DTF-625 LIH Allocation / Certification IT-645 Recapture of START-UP NY Tax Benefits IT-647 Farm Workforce Retention Credit DTF-626 Recapture of Low-Income Housing Credit IT-212 Investment Credit Y-204 Yonkers Nonresident Partner Allocation IT-212-ATT Barn Rehab/Employment Incentive Credit TR-579-PT e-file Authorization Form IT-223 Innovation Hot Spot Deduction TR-2000 Tax Info Access/Transfer Authorization Form IT-225 New York State Modifications IT-225 New York City Partnership (UBTP) NYC-204 UBT Return for Partnerships and LLCs NYC UBT Paid Credit NYC-204EZ UBT Return for Partnerships and LLCs NYC LMREAP Credit Applied to UBT NYC Biotechnology Credit NYC Claim for Beer Production Credit NYC-NOLD-UBTP NOL Deduction Computation NYC-221 Underpayment of Estimated UBT NYC-5UB Estimated Payment Voucher NYC-399 Schedule of NYC Depreciation Adjustments NYC-WPE Worksheet for Partial Exemption NYC REAP Credit Applied to UBT NYC-579-UBTP e-file Authorization Form NYC Credit Applied to UBT New York State Fiduciary IT-205 Fiduciary Income Tax Return IT-253 Alternative Fuels Credit IT-205-A Fiduciary Allocation IT-256 Special Additional Mortgage Recording Tax Credit IT-205-C NYS Resident Trust Nontaxable Certification IT-257 Claim of Right Credit IT-205-J Accumulation Distribution for Exempt Trusts IT-398 Depreciation Schedule or IRC Section 168(k) Property IT-205-T Allocation of ES Tax Payments to Beneficiaries IT-399 New York State Depreciation Schedule IT-205-V Payment Voucher IT-501 Temporary Deferral Nonrefundable Payout Credit IT-370-PF Request for Extension of time to File IT-601 EZ and ZEA Wage Tax IT-2106 Estimated Payment Voucher IT-603 EZ Investment/EZ Employment Incentive Tax Credit DTF-624 Low-Income Housing (LIH) Credit IT-606 QEZE Credit for Real Property Taxes DTF-625 LIH Credit Allocation / Certification IT-634 Empire State Jobs Retention Program Credit IT-637 Alt Fuels/Electric Vehicle Recharging Property Credit DTF-626 Recapture of Low-Income Housing Credit IT-641 Manufacturer s Real Property Tax Credit DTF-630 Green Building Credit IT-643 Hire a Veteran Credit IT-135 Sales and Use Tax Report (Cost $25,000 or more) IT-645 Recapture of START-UP NY Tax Benefits IT-645 IT-217 Farmers School Tax Credit IT-647 Farm Workforce Retention Credit IT-222 GCT Credit for Full-Year NYC Residents IT Underpayment of Estimated Income Tax IT-223 Innovation Hot Spot Deduction Y-206 Yonkers Nonresident Fiduciary Earnings Tax Return IT-241 Clean Heating Fuel Credit IT-249 Long-Term Care Insurance Credit TR IT e-file Authorization for Form IT-205 IT-250 Credit for Purchase of Automated Ext Defibrillator TR IT Authorization for EFW for Forms IT- 370PF/2106 IT-251 Credit for Employment of Persons with Disabilities TR-2000 Tax Info Access/Transfer Authorization Form New York City Fiduciary (UBTEIN) NYC-202EIN Unincorporated Business Tax Return NYC Biotechnology Credit NYC Claim for Beer Production Credit NYC-221 Underpayment of Estimated UBT NYC-NOLD-UBTI NOL Deduction Computation NYC-399 Schedule of NYC Depreciation Adjustments NYC-5UBTI Estimated Payment Voucher NYC REAP Credit Applied to UBT NYC-579-EIN e-file Authorization Form NYC Credit Applied to UBT

6 NYC LMREAP Credit Applied to UBT New York State Estate ET-706 New York State Estate Tax Return ET-133 Request for Extension of Time to File or Pay Tax New York State Tax Exempt CHAR500 NYS Annual filing for Charitable Organizations CHAR500-C Combined Annual Financial Report