NEW YORK State Packages Electronic Filing STATE FACT SHEET ® 1040, 1120, 1120S, 1065, 1041, 706, and 990 Individual – Fed/State and State-Only – (IT-201, IT-203, IT-370, IT-214, IT-208 and IT-210) - Approved 11/30/2015 Corporation (CT-3, CT-4, CT-5 and CT-5.1) – Approved 03/07/2016 Corporation (CT-3S and CT-5.4) – Approved 02/10/2016 Partnership (IT-204 and IT-370-PF) – Approved 02/24/2016 Partnership (IT-204-LL) – Approved 02/09/2016 Fiduciary (Form type IT-205) – Approved 03/02/2016 New York City Returns Individual (NYC-202, NYC-202S) – Approved 12/21/2015 Individual (NYC-EXT and NYC-1127) – Approved 12/16/2015 Corporation and Extension – Approved 03/08/2016 S Corporation and Extension – Approved 01/05/2016 Partnership (NYC-204, NYC-204EZ and NYC-EXT) – Approved 12/22/15 Online Filing City Packages Individual New York City and Yonkers Individual • • • • • • • • • Offers most forms and schedules for the 1040 returns Amended returns (IT-201-X and IT-203-X) transfer data automatically if the current tax year is being calculated Metropolitan Commuter Transportation Mobility Tax (MTA-6, MTA-7, and MTA-9) Supports annualized method and regular method of computing the underpayment penalty on Form IT-2105.9 Prepares estimates and extensions Generates worksheets from the New York, New York City, and Yonkers instructions to support detailed calculations Generates attachments for entries that require more space than what is allotted on New York, New York City, and Yonkers forms Power of Attorney (New York State and New York City) Special Calculations: Pension Income nontaxable to New York – Minimal data entry – Automatically calculated with or without federal 1099-R – Qualifying amount or percentage and received as a beneficiary indicator flow from federal 1099-R screen New York/City Earned Income Credit – Automatically calculates Form IT-215 if ineligible for Form IT-209 (when Form IT-209 is not being forced) (Continued next page) For a free demo, call our Sales Department DRAKE SOFTWARE • 235 EAST PALMER STREET • FRANKLIN, NC 28734 • 800.890.9500 • FAX: 828.369.9928 SALES@DRAKESOFTWARE.COM • DRAKESOFTWARE.COM • Special Calculations: Calculates IT-112-R based on the income and adjustments for each individual other state Limitation of Yonkers nonresident tax Part-year allocation of income (Allocation worksheet) Sales and Use tax calculation Itemized or standard deduction options – Supports option to use either the standard or itemized deduction for New York (if the itemized deduction is taken on the federal return) – If an election is not made, the program automatically uses the deduction that results in the lesser tax liability New York State and City Married Filing Separately household credit Combined New York City resident tax for full-year or part-year resident spouse New York City school tax credit - election to compute New York City tax as if the taxpayer and spouse were full-year residents for the entire tax year 529 College Savings Itemized deduction adjustments Partnership income adjustments Credit carryover Order of applying nonrefundable credits and deferred credit allocation on Form IT-500 – Preparer can indicate the order in which the program should apply nonrefundable credits College Tuition Credit or Itemized Deduction – Supports special allowance for dependent of another Child Dependent Care Credit New York State and City Earned Income Credit New York State Noncustodial Earned Income Credit Partnership LLC and LLP Filing Fee Payment Form Business • • • • • • • Offer most forms and schedules for 1120, 1120S, 1065, and 1041 returns Metropolitan Commuter Transportation Mobility Tax (MTA-405, MTA-405-ATT, and MTA-409) Offer all forms and schedules for 706 and 990 returns Generates worksheets from the New York State and City instructions to support detailed calculations Generates attachments for entries that require more space than what is allotted on New York State and City form Prepares estimates and extensions Power of Attorney Electronic Filing Features • • • • • • • • • • • • • • • • A fully integrated e-file module for the 1040 package (IT-201, IT-203, and IT-370) A fully integrated e-file module for the 1120 package (CT-3, CT-4, CT-5, and CT-5.1) A fully integrated e-file module for the 1120S package (CT-3-S and CT-5.4) A fully integrated e-file module for New York City GCT (NYC-3L, NYC-4S, NYC-4SEZ, and NYC-EXT) A fully integrated e-file module for the 1065 package (IT-204, IT-204-LL and IT-370-PF) A fully integrated e-file module for New York City Partnership UBT (NYC-204, NYC-204EZ, and NYC-EXT) Returns can be e-filed using linked and state-only transmitting methods e-File software identifies and corrects many errors that slow processing and delay refunds Extensive Notes/EF messages identify potential issues that may lead to a rejected return EF links that take you to data-entry errors that may lead to a rejected return W-2 Verification Code All EF forms supported (1040 package) Direct deposit available for paper- and e-filed returns (1040 package) Direct debit available for paper- and e-filed returns (1040 package) Direct debit available for e-filed returns (1120, 1120S and 1065 packages) All scannable forms are supported Individual IT-112.1 - NYS Resident Credit Against Separate Tax on Lump-Sum Distributions IT-112-C - NYS Resident Credit for Taxes Paid to a Province of Canada IT-112-R - NYS Resident Credit IT-135 - Sales and Use Tax Report for Purchases of Items and Services Costing $25,000 or More IT-201 - Resident Income Tax Return (Long Form) IT-201-ATT - Summary of Other Tax Credits and Taxes IT-201-X - Amended Resident Income Tax Return (Long Form) IT-201-V - Payment Voucher for E-filed Income Tax Returns IT-203 - Nonresident and Part-Year Resident Income Tax Return IT-203-ATT - Summary of Other Tax Credits and Taxes IT-203-A - Nonresident Business Allocation Schedule IT-203-B - Nonresident and Part-Year Resident Income Allocation and College Tuition Itemized Deduction Worksheet IT-203- F Multi-Year Allocation Form IT-203-C - Nonresident or Part-Year Resident Spouse’s Certification IT-203-X - Amended Nonresident or Part-Year Resident Income Tax Return NY_ALLOC - Part-Year Resident Income Allocation Worksheet IT-114 – Claim for Family Tax Relief Credit IT-182 – Passive Activity Loss Limitations IT-201-D – Resident Itemized Deduction Schedule IT-203-D – Nonresident and Part-Year Resident Itemized Deduction Schedule IT-641 – Manufacturer’s Real Property Tax Credit NYC-208 – Claim for New York City Enhanced Real Property Tax Credit Y-203 – Yonkers Nonresident Earnings Tax Credit IT-645 – Recapture of START-UP NY Tax Benefits IT-6-SNY – Metropolitan Commuter Transportation Mobility Tax for START-UP NY DTF-624 – Claim for Low-Income Housing Credit DTF-626 – Recapture of Low-Income Housing Credit IT-208 NYC Enhanced Real Property Tax Credit IT-209 - Claim for Noncustodial Parent NYS Earned Income Credit IT-210 NYC School Tax Credit IT-211 - Special Depreciation Schedule IT-212 - Investment Credit IT-212-ATT - Claim for Historic Barn Rehabilitation Credit and Employment Incentive Credit IT-245 - Claim for Volunteer Firefighters’ Workers’ Credit IT-249 - Claim for Long-Term Care Insurance Credit IT-250 - Claim for Credit for Purchase of an Automated External Defibrillator IT-251 - Credit for Employment of Persons with Disabilities IT-253 – Claim for Alternative Fuels Credit IT-255 - Claim for Solar Energy System Equipment Credit IT-256 - Claim for Special Additional Mortgage Recording Tax Credit IT-257 - Claim of Right Credit IT-258 - Claim for Nursing Home Assessment Credit IT-272 - Claim for College Tuition Credit or Itemized Deduction IT-280 - Non-obligated Spouse Allocation IT-285 - Request for Innocent Spouse Relief (and Separation of Liability and Equitable Relief) IT-360.1 - Change of City Resident Status (NYC / Yonkers) IT-370 - Automatic Extension of Time to File IT-398 - NYS Depreciation Schedule for IRC Section 168(k) Property IT-630 – Claim for Green Building Credit IT-399 - NYS Depreciation Schedule IT-601 - Claim for EZ Wage Tax Credit IT-603 – Claim for EZ Investment Tax Credit and EZ Employment Incentive Credit IT-604 – Claim for QEZE Tax Reduction Credit IT-606 – Claim for QEZE Credit for Real Property Taxes IT-607 – Excelsior Jobs Program Tax Credit IT-611 – Claim for Brownfield Redevelopment Tax Credit Prior to June 23, 2008 IT-611.1 – Claim for Brownfield Redevelopment Tax Credit After June 23, 2008 IT-612 – Claim for Remediated Brownfield Credit for Real Property Taxes IT-634 – Empire State Jobs Retention Program Credit IT-635 – New York Youth Works Tax Credit IT-636 – Beer Production Credit IT-637 – Alternative Fuels And Electric Vehicle Property Credit IT-638 – START-UP New York Tax Elimination Credit IT-639 – Minimum Wage Reimbursement Credit NYC 399Z – Depreciation Adjustments for Certain Post 9/10/01 Property NYC 5UBTI – Declaration of Estimated Unincorporated Business Tax NYC EXT – Application for Automatic 6-Month Extension of Time to File Business Income Tax Return IT-2105.9 - Underpayment of Estimated Income Tax IT-213 - Claim for Empire State Child Credit IT-213-ATT - Child Information for Empire State Child Credit IT-214 - Claim for Real Property Tax Credit for Homeowners and Renters IT-215 - Claim for Earned Income Credit (NYS and NYC) IT-216 - Claim for Child and Dependent Care Credit IT-217 - Claim for Farmers School Tax Credit IT-219 - Credit for City of New York Unincorporated Business Tax IT-220 - Minimum Income Tax IT-221 - Disability Income Exclusion IT-222 – General Corporation Tax Credit IT-223 – Innovation Hot Spot Deduction IT-225 – New York State Modifications IT-230 - Separate Tax on Lump Sum Distributions IT-237 - Claim for Historic Homeownership Rehabilitation Credit IT-241 - Claim for Clean Heating Fuel Credit IT-501 - Temporary Deferral Nonrefundable Payout Credit IT-502 – Temporary Deferral Refundable Payout Credit NYC 1127 – Form for Nonresident Employees of the City of New York Hired on or After January 4, 1973 NYC 399 – Schedule of New York City Depreciation Adjustments Partnership IT-225 – New York State Modifications IT-398 – New York State Depreciation Schedule for IRC Section 168(k) Property IT-603 – Claim for EZ Investment Tax Credit and EZ Employment Incentive Credit IT-645 – Recapture of START-UP NY Tax Benefits IT-249 – Claim for Long-Term Care Insurance Credit IT-399 – New York State Depreciation Schedule IT-604 – Claim for QEZE Tax Reduction Credit IT-634 – Empire State Jobs Retention Program Credit IT-637 – Alternative Fuels and Electric Vehicle Recharging Property Credit IT-643 – Hire a Veteran Credit IT-241- Claim for Clean Heating Fuel Credit IT-256 – Claim for Special Mortgage Recording Tax Credit IT-606 – Claim for QEZE Credit for Real Property Taxes IT-641 – Manufacturer’s Real Property Tax Credit Y-204 – Yonkers Nonresident Partner Allocation WKPEN1 – Worksheet 1 for IT-2105.9 WKPEN2 - Worksheet 2 for IT-2105.9 WKPEN3 - Worksheet 3 for IT-2105.9 IT-2105 - Estimated Income Tax Payment Vouchers IT-204-LL – Partnership Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form IT-2102.6 – Certificate of Income Tax Withheld IT-2104.1 Certificate of NR & Allocation Withholding Tax IT-2104-IND Certificate of Exemption from Withholding IT-2104-E Certificate of Exemption from Withholding POA-1 – Power of Attorney NYC 202 – Unincorporated Business Tax Return for Individuals NYC 202S – Unincorporated Business Tax Return for Individuals (Short Form) IT-2104-MS Withholding Exemption Certificate for Military IT-2104-P Annuitant’s Request for Income Tax W/H Y-203 – Yonkers Nonresident Earnings Tax Return TR-579-IT – NYS E-File Authorization for Forms IT-201 and IT-203 TR-579.1 – NYS E-File Authorization for Form IT-370 TR-579.2 – NYS Notice to Taxpayers TR-579.3 – NYS Notice to Tax Return Preparers and Taxpayers NYC-WPE – Worksheet for Partial Exemption Unincorporated Business Tax TR-579-PT E-File Signature Authorization Fiduciary IT-205 – Fiduciary Income Tax Return IT-205-A – Fiduciary Allocation IT-205-C – New York State Resident Trust Nontaxable Certification IT-2106 – Estimated Income Tax Payment Voucher for Fiduciaries Y-206 – Yonkers Nonresident Fiduciary Earnings Tax Return TR-579.2-IT Declaration for E-Filing of Fiduciary Income Tax Returns IT-398 – New York State Depreciation Schedule for IRC Section 168(k) Property IT-135 – Sales and Use tax Report for Purchases of Items and Services Costing $25,000 or More IT-217 – Claim for Farmers’ School Tax Credit IT-2105.9 – Underpayment of Estimated Tax by Individuals and Fiduciaries IT-112-R New York State Resident Credit IT-222 – General Corporation Tax Credit for Full-Year New York City Resident Individuals, Estates, and Trusts MORE including: IT-399, IT-637, IT-256, IT-641, IT-645, IT-241, IT-603, IT-223, IT-601 IT-204 – Partnership Return IT-204.1 – New York Corporate Partners’ Schedule K IT-204-IP – New York Partner’s Schedule K-1 IT-204-CP – New York Corporate Partner’s Schedule K-1 IT-370-PF – Application for Automatic Extension of Time to File for Partnerships and Fiduciaries IT-2658 – Report of Estimated Tax for Nonresident Individual Partners and Shareholders IT-2658- MTA – Attachment – Report of Estimated Metropolitan Commuter Transportation Mobility Tax (MCTMT) for New York Nonresident Individual Partners IT-2658 – NYS – Attachment – Report of Estimated Personal Income Tax for New York Nonresident Individuals IT-2659 – Estimated Tax Penalties for Partnerships and New York S CT-43 - Claim for Special Additional Mortgage Recording Tax CT-46 - Claim for Investment Tax Credit CT-46-ATT - Credit for Rehabilitation Expenses for Retail Enterprises and Historic Barns CT-47 - Claim for Farmer’s School Tax Credit CT-60-QSSS - Qualified Subchapter S Subsidiary Information Schedule CT-2658 – Report of Estimated Tax for Corporate Partners CT-2658-ATT – Attachment to Report of Estimated Tax for Corporate Partners Y-204 – Yonkers Nonresident Partner Allocation NYC 204 – Unincorporated Business Tax Return NYC 204EZ - Unincorporated Business Tax Return For Partnerships (Including Limited Liability Companies) NYC 5UB – Partnership Declaration of Estimated Unincorporated Business Tax NYC 114.7 – UBT Paid Credit NYC 400 – Declaration of Estimated Tax by Corporations NYC EXT – Application of Automatic 6-Month Extension of Time to File Business Income Tax Return NYC-579-UBTP Signature Authorization for E-Filed UBT Return NYC EXT.1 – Application for Additional Extension for General Corporation Tax NYC 579-GCT - E-File Signature Authorization DTF-625 - Low-Income Housing Credit Allocation and Certification DTF-624 - Claim for Low-Income Housing Credit Corporation CT-2 Corporation Tax Return Summary CT-3 - General Business Corporation Franchise Tax Return CT-3-ATT - Schedules B, C, and D – Attachment to CT-3 CT-3M/4M - General Business Corporation MTA Surcharge CT-4 - General Business Corporation Franchise Tax Return (Short Form) CT-5 - Request for Six-Month Extension to File CT-5.1 – Request for Additional Extension of Time to File CT-6 - Election by a Federal S Corporation to be Treated as a New York S Corporation CT-399 – Depreciation Adjustment Schedule CT-400-MN - Estimated Tax for Corporations CT-600 - Ordering of Corporation Tax Credits TR-579-CT E-File Signature Authorization TR-579.1-CT E-File Signature Authorization NYC-3L - New York City Corporate (Long Form) NYC-4S - New York City Corporate (Short Form) NYC-4SEZ New York City Corporate (Small Firms) NYC 9.7 - UBT Paid Credit for General Corporation Taxpayers NYC-NOLD Net Operating Loss Deduction Computation NYC 222 – Underpayment of Estimated Tax by Corporations S Corporation CT-2 Corporation Tax Return Summary CT-3-S - Corporation Franchise Tax CT-3-S-ATT - Attachment to Form CT-3-S CT-34-SH – NY S Corporation Shareholders’ Information Schedule NYC-ATT-S-Corp Calculation of Federal Taxable Income for S Corporations CT-5.4 - Extension of Time to File Tax Exempt DTF-625-ATT - Low-Income Housing Credit Annual Statement DTF-626 - Recapture of Low-Income Housing Credit DTF-630 - Claim for Green Building Credit CHAR500 – Annual Filing for Charitable Organizations NYC 399Z – Depreciation for Certain Post 9/10/01 NYC 399 – Schedule of NYC Depreciation Adjustments ET-706 - New York State Estate Tax Return ET-133 - Application for Extension of Time to File and/or Pay Estate Tax CHAR500-C – Combined Annual Financial Report Estate