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13958: NY - CT-3-S - EF Message 0556 for NY Receipts Total


New York

Why am I getting EF Message 0556 on a NY CT-3-S, regarding the amount of income apportioned to New York? 

 

NY EF Message 0556 states:

CT-3-S Required Data Entry
Due to mandated form changes on Form CT-3-S, New York S Corporation Franchise Tax Return, federal income values will not automatically flow to these forms. Income apportionment values must be entered for all New York Corporate Returns in the appropriate categories. Please enter the amount of income apportioned to New York.  If none of the federal amounts should be apportioned to New York, you may enter zero.

CT-3-S:
Screen 5, Computation of Business Apportionment Factor, page 1
Screen 6, Computation of Business Apportionment Factor, page 2
Lines that do not require net values, the everywhere column must be greater than or equal to the NY column.

Starting in the 2015, NY CT-3-S New York State S Corporation Franchise Tax Return, direct entry is required to produce the New York receipts total that appears on line 22 of the NY CT-3-S.

The Instructions for Form CT-3-S, Line 22, state:

Part 2 – Computation of tax
To avoid an erroneous assessment or a delay of your refund, you must enter an amount on line 22, New York receipts. If you do not have receipts, enter 0 on line 22.

Line 22 – New York receipts – Include the total receipts included in the numerator of the apportionment factor from Part 3, line 55, column A (New York State).

To generate a total on line 103, column A, input must be made in the applicable fields of column A - New York State on the Computation of Business Apportionment Factor screens 5 and 6.

 

This change results from a new "Computation of business apportionment factor" section that appears on pages 4 and 5 of the NY CT-3-S. Data entry for this new section is on screens 5 and 6 on the General tab of the NY data entry menu. The software requires the New York State total from this section to calculate line 22.

If entries are not made on screens and/or 6, EF Message 0556 is produced on the NY-MSG page. 

For additional information, see Instructions for Form CT-3-S.


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