How do I input New York IT-225 addition code A-220 in an individual return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax worksheet view?
- Article Type:
- How To
- Last Modified:
- 11/05/2022
Objectives
N/A
Environment
CCH® ProSystem fx® Tax
CCH Axcess™ Tax
1040
IT-201
IT-203
CCH Axcess™ Tax
1040
IT-201
IT-203
Procedure
- Go to New York > Income / Deductions worksheet.
- Expand Section 1 - Income and Adjustments.
- Navigate to Grid 47 - Other Additions.
- In Column Addition Number, select option 220 - Pass-through entity tax deduction addback IT-112-R.
- In Column X if from Passthrough, select the checkbox if applicable.
- In Column Amount, input an applicable addition amount.
- In Column NYS Amount, in an an amount, if applicable.
- Calculate the return.
Note
- The addition amount A-220 is included on IT-112-R, line 19, column A.
- No additional entries are required by the preparer to generate the A-220 addition on Form IT-225. If information is not flowing to the IT-112-R line 24b, overrides can be used for the state in question and an automatic adjustment will happen on the IT-225.
- The IT-112-R input is used in conjunction with the NY tax payable amount, to determine a multiplier used to calculate the application of the NYS Resident Credit.
- IT-112-R is prepared for NY residents, or part-year residents, and is not prepared for NY non-residents.
Additional Information
N/A
Solution Id | 000156780/000138758 |
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