State Packages
1040, 1120, 1120S, 1065, 1041, 706, and 990
Electronic Filing
Individual – Fed/State and State-Only – (IT-201, IT-203, IT-370, IT-214, IT-208 and IT-210) - Approved 01/14/2015
Corporation (CT-3, CT-4, CT-5 and CT-5.1) – Approved 12/30/13 Corporation (CT-3S and CT-5.4) – Approved 12/30/14
Partnership (IT-204 and IT-370-PF) – Approved 03/02/15 Partnership (IT-204-LL) – Approved 02/03/15
Fiduciary (Form type IT-205) – Approved 1/30/2015
New York City Returns
Individual (NYC-202, NYC-202S) – Approved 12/22/14 Individual (NYC-EXT and NYC-1127) – Approved 02/3/15 Corporation and Extension – Approved 12/30/14
S Corporation and Extension – Approved 12/30/14
Partnership (NYC-204, NYC-204EZ and NYC-EXT) – Approved 12/22/14
Online Filing Individual
City Packages 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 the 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 a 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)
For a Free Demo, Call Our Sales Department
DRAKE SOFTWARE • 235 EAST PALMER STREET • FRANKLIN,NC28734 • 800.890.9500 • FAX:828.369.9928 SALES@DRAKESOFTWARE.COM • DRAKESOFTWARE.COM
NEW YORK STATE FACT SHEET
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 Non-Custodial 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 the Fed/State 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-245 - Claim for Volunteer Firefighters’
Workers’ Credit
IT-249 - Claim for Long-Term Care Insurance Credit IT-112.1 - NYS Resident Credit Against Separate Tax on Lump-
Sum Distributions IT-250 - Claim for Credit for Purchase of an Automated
External Defibrillator IT-112-C - NYS Resident Credit for Taxes Paid to a Province of
Canada
IT-251 - Credit for Employment of Persons with Disabilities IT-112-R - NYS Resident Credit IT-253 – Claim for Alternative Fuels Credit
IT-255 - Claim for Solar Energy System Equipment Credit IT-135 - Sales and Use Tax Report for Purchases of Items and
Services Costing $25,000 or More IT-256 - Claim for Special Additional Mortgage Recording Tax Credit
IT-201 - Resident Income Tax Return (Long Form) IT-257 - Claim of Right Credit
IT-201-ATT - Summary of Other Tax Credits and Taxes IT-258 - Claim for Nursing Home Assessment Credit IT-201-X - Amended Resident Income Tax Return (Long Form) IT-272 - Claim for College Tuition Credit or Itemized
Deduction
IT-201-V - Payment Voucher for E-filed Income Tax Returns IT-280 - Non-obligated Spouse Allocation
IT-203 - Nonresident and Part-Year Resident Income Tax Return IT-285 - Request for Innocent Spouse Relief (and Separation of Liability and Equitable Relief)
IT-203-ATT - Summary of Other Tax Credits and Taxes IT-360.1 - Change of City Resident Status (NYC / Yonkers) IT-203-A - Nonresident Business Allocation Schedule IT-370 - Automatic Extension of Time to File
IT-203-B - Nonresident and Part-Year Resident Income
Allocation and College Tuition Itemized Deduction Worksheet IT-398 - NYS Depreciation Schedule for IRC Section 168(k) Property
IT-203- F Multi-Year Allocation Form
IT-203-C - Nonresident or Part-Year Resident Spouse’s
Certification IT-399 - NYS Depreciation Schedule
IT-203-X - Amended Nonresident or Part-Year Resident Income Tax Return
IT-601 - Claim for EZ Wage Tax Credit
NY_ALLOC - Part-Year Resident Income Allocation Worksheet IT-603 – Claim for EZ Investment Tax Credit and EZ Employment Incentive Credit
IT-604 – Claim for QEZE Tax Reduction Credit
IT-182 – Passive Activity Loss Limitations 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-208 NYC Enhanced Real Property Tax Credit IT-639 – Minimum Wage Reimbursement Credit IT-209 - Claim for Noncustodial Parent NYS Earned Income
Credit IT-500 – Income Tax Credit Deferral
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-2105.9 - Underpayment of Estimated Income Tax IT-213 - Claim for Empire State Child Credit WKPEN1 – Worksheet 1 for IT-2105.9
IT-213-ATT - Child Information for Empire State Child Credit WKPEN2 - Worksheet 2 for IT-2105.9 IT-214 - Claim for Real Property Tax Credit for Homeowners and
Renters WKPEN3 - Worksheet 3 for IT-2105.9
IT-215 - Claim for Earned Income Credit (NYS and NYC) IT-2105 - Estimated Income Tax Payment Vouchers IT-216 - Claim for Child and Dependent Care Credit IT-204-LL – Partnership Limited Liability Company, and
Limited Liability Partnership Filing Fee Payment Form
IT-217 - Claim for Farmers School Tax Credit IT-2102.6 – Certificate of Income Tax Withheld IT-219 - Credit for City of New York Unincorporated
Business Tax
IT-2104.1 Certificate of NR & Allocation Withholding Tax IT-220 - Minimum Income Tax IT-2104-IND Certificate of Exemption from Withholding IT-221 - Disability Income Exclusion IT-2104-E Certificate of Exemption from Withholding 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-2104-MS Withholding Exemption Certificate for Military IT-237 - Claim for Historic Homeownership Rehabilitation Credit IT-2104-P Annuitant’s Request for Income Tax W/H IT-241 - Claim for Clean Heating Fuel Credit
IT-501 - Temporary Deferral Nonrefundable Payout Credit TR-579-IT – NYS E-File Authorization for Forms IT-201 and IT-203
IT-502 – Temporary Deferral Refundable Payout Credit 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
Individual NYC-WPE – Worksheet for Partial Exemption Unincorporated Business Tax
POA-1 – Power of Attorney TR-579-PT E-File Signature Authorization
NYC 202 – Unincorporated Business Tax Return for Individuals Fiduciary NYC 202S – Unincorporated Business Tax Return for Individuals
(Short Form)
IT-205 – Fiduciary Income Tax Return NYC 1127 – Form for Nonresident Employees of the City of New
York Hired on or After January 4, 1973 IT-205-A – Fiduciary Allocation
NYC 399 – Schedule of New York City Depreciation Adjustments IT-205-C – New York State Resident Trust Nontaxable Certification
NYC 399Z – Depreciation Adjustments for Certain Post 9/10/01
Property IT-2106 – Estimated Income Tax Payment Voucher for
Fiduciaries NYC 5UBTI – Declaration of Estimated Unincorporated Business
Tax
Y-206 – Yonkers Nonresident Fiduciary Earnings Tax Return NYC EXT – Application for Automatic 6-Month Extension of Time
to File Business Income Tax Return TR-579.2-IT Declaration for E-Filing of Fiduciary Income Tax Returns
Y-203 – Yonkers Nonresident Earnings Tax Return Corporation
CT-2 Corporation Tax Return Summary MTA-6 - Metropolitan Commuter Transportation Mobility Tax
Return CT-3 - General Business Corporation Franchise Tax Return
MTA-7 – Application for Automatic Six-Month Extension of Time to File a Metropolitan Commuter Transportation Mobility Tax Return
CT-3-ATT - Schedules B, C, and D – Attachment to CT-3
MTA-9 – Underpayment of Estimated Metropolitan Commuter
Transportation Mobility Tax by Self-Employed Individuals CT-3M/4M - General Business Corporation MTA Surcharge CT-4 - General Business Corporation Franchise Tax Return (Short Form)
Partnership CT-5 - Request for Six-Month Extension to File
IT-204 – Partnership Return CT-5.1 – Request for Additional Extension of Time to File IT-204.1 – New York Corporate Partners’ Schedule K CT-6 - Election by a Federal S Corporation to be Treated as a
New York S Corporation IT-204-IP – New York Partner’s Schedule K-1
IT-204-CP – New York Corporate Partner’s Schedule K-1 CT-43 - Claim for Special Additional Mortgage Recording Tax Credit
IT-370-PF – Application for Automatic Extension of Time to File
for Partnerships and Fiduciaries CT-46 - Claim for Investment Tax Credit IT-2658 – Report of Estimated Tax for Nonresident Individual
Partners and Shareholders
CT-46-ATT - Credit for Rehabilitation Expenses for Retail Enterprises and Historic Barns
IT-2658- MTA – Attachment – Report of Estimated Metropolitan Commuter Transportation Mobility Tax (MCTMT) for New York Nonresident Individual Partners
CT-47 - Claim for Farmer’s School Tax Credit
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 Corporations
CT-60-QSSS - Qualified Subchapter S Subsidiary Information Schedule
CT-2658 – Report of Estimated Tax for Corporate Partners CT-399 – Depreciation Adjustment Schedule CT-2658-ATT – Attachment to Report of Estimated Tax for
Corporate Partners CT-400-MN - Estimated Tax for Corporations
Y-204 – Yonkers Nonresident Partner Allocation CT-600 - Ordering of Corporation Tax Credits NYC 204 – Unincorporated Business Tax Return TR-579-CT E-File Signature Authorization NYC 204EZ - Unincorporated Business Tax Return For
Partnerships (Including Limited Liability Companies) TR-579.1-CT E-File Signature Authorization NYC 114.7 – UBT Paid Credit NYC-3L - New York City Corporate (Long Form) NYC 5UB – Partnership Declaration of Estimated Unincorporated
Business Tax
NYC-4S - New York City Corporate (Short Form) MTA-405 – Report of Estimated Metropolitan Commuter
Transportation Mobility Tax For New York Nonresident Individual Partners
NYC-4SEZ New York City Corporate (Small Firms)
MTA-405-ATT – Attachment for Form MTA-405 NYC 9.7 - UBT Paid Credit for General Corporation Taxpayers MTA-409 – Estimated Metropolitan Commuter Transportation
Mobility Tax Penalties for Partnerships NYC-NOLD Net Operating Loss Deduction Computation NYC 400 – Declaration of Estimated Tax by Corporations NYC 222 – Underpayment of Estimated Tax by Corporations NYC EXT – Application of Automatic 6-Month Extension of Time
to File Business Income Tax Return S Corporation
NYC-579-UBTP Signature Authorization for E-Filed UBT Return NYC EXT.1 – Application for Additional Extension for General Corporation Tax
CT-2 Corporation Tax Return Summary
NYC 579-GCT - E-File Signature Authorization CT-3-S - Corporation Franchise Tax DTF-625 - Low-Income Housing Credit Allocation and
Certification CT-3-S-ATT - Attachment to Form CT-3-S
DTF-624 - Claim for Low-Income Housing Credit CT-34-SH – NY S Corporation Shareholders’ Information Schedule
DTF-625-ATT - Low-Income Housing Credit Annual Statement NYC-ATT-S-Corp Calculation of Federal Taxable Income for S Corporations
DTF-626 - Recapture of Low-Income Housing Credit CT-5.4 - Extension of Time to File
DTF-630 - Claim for Green Building Credit Tax Exempt
NYC 399Z – Depreciation for Certain Post 9/10/01 CHAR500 – Annual Filing for Charitable Organizations NYC 399 – Schedule of NYC Depreciation Adjustments CHAR500-C – Combined Annual Financial Report
Estate
ET-706 - New York State Estate Tax Return
ET-133 - Application for Extension of Time to File and/or Pay Estate Tax