On a New York or New York City business return, where would I enter the Gross Receipts or Business Allocation information?
The state of New York and New York City require that gross receipts be allocated between New York State, or New York City, and everywhere else. This change was made due to mandated changes made on these forms. The federal income values will not automatically flow to the New York forms, and must be manually inputted. For more information on this change, see Article 9-A Section 210-A. The most common EF Messages associated with this issue are: 0280, 0355, 0357, 0547, 0555, 0556, 0563, and 0567.
To clear the messages, and complete the form per NY guidelines, you will have to go to the state or city tabs and manually enter these amounts on the applicable screens for all corporations and S corporations. For partnerships, the amounts do flow automatically, from the federal return, however, there are override screens, which are listed below.
Note: In order for the appropriate values to be calculated, entries must be made in both Columns A and B on the Computation of Business Apportionment Factor screens.
The data entry screens for each of these are as follows:
1120
- New York State screen 7 (CT-3 - Part 6, Computation of Business Apportionment Factor, page 1), and screen 8 (CT-3 - Part 6, Computation of Business Apportionment Factor, page 2). On the CT-3, line 14 of Part 3, Tax on Business Income base, NY CT-3 page 4, and line 12 of Part 4, Tax on Capital Base NY CT-3 page 5, will affect the calculation on the tax on capital base and the tax on business income base displayed in View/Print mode.
- To access these screens, go to data entry > States tab > New York > General tab > screen 7 and 8.
- New York City Screen 106 (NYC-2 - Computation of Business Allocation Percentage), and screen 106A (NYC-2 Computation of Business Allocation Percentage).
- To access these screens, go to data entry > States tab > New York > Cities tab > screens 106 and 106A.
1120S
- New York State screen 5 (Computation of Business Apportionment Factor, page 1), and screen 6 (Computation of Business Apportionment Factor, page 2).
- To access these screens, go to data entry > States tab > New York > CT-3-S tab > screen 5 and 6.
- New York City screen 3L9 (NYC 3L - Business Allocation).
- To access this screen, go to data entry > States tab > New York > Cities tab > screen 3L9.
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- New York State screen 4 (204 - Business and MCTD Allocation Percentage)
- To access this screen, go to data entry > States tab > New York > General tab > screen 4.
- New York City screens CIE1 (NYC 204 - Businesses Located Inside NYC), and CIE2 (NYC 204 - Businesses Located Outside NYC).
- To access these screens, go to data entry > States tab > New York > Cities tab > screens CIE1 and CIE2.
Why does the New York CT 3 and CT-3-S Business Apportionment Percentage show as a decimal?
The business apportionment percentage on the NYCT3S and NYCT3 line 55 will print as a decimal, rather than an actual percentage. The software currently prints 1.0000 instead of 100%.This format is a requirement by the state of New York.
Outside of the CT-3 and CT-3-S, the Business Apportionment Percentage will print as 100% instead of 1.0000.
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