1 ny 3 new york training 2010 ny credits nys pub 99-ind individual credit instr
TRANSCRIPT
1 NY 3 NEW YORK TRAINING 2010
NY CREDITS
NYS PUB 99-IND INDIVIDUAL CREDIT INSTR
2 NY 3 NEW YORK TRAINING 2010
DETAILED INFORMATION ON NY CREDITS
CREDIT INSTRUCTIONS NY PUB 99-IND IT-201 INSTR.
REFUNDABLE/NONREFUNDABLE FORM NUMBER LINE NUMBER ON IT-201 ATT CODE FOR IT-201 ATT
TAXWISE HELP F1 FROM 201 OR 201 ATT
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CONDITIONS AND FORMS FOR CREDITS
IT-201 INSTRUCTIONS PAGE 6
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LINKING TO NONREFUNDABLE CREDITS
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LINK TO REFUNDABLE CREDITS
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ENTERING CREDITS ON IT-201 ATT
IT-201 INSTRUCTIONS PAGE 98
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IT-201 ATT IN TAXWISE F1
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HOUSEHOLD AND RESIDENT CREDITS
HOUSEHOLD CREDIT AUTOMATIC IN TAXWISE INCOME, STATUS, DEPENDENTS NONREFUNDABLE
RESIDENT CREDIT 112R INCOME TAX PAID TO ANOTHER STATE NONREFUNDABLE SEE SEPARATE RESIDENT CREDIT FILE
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EMPIRE STATE CHILD CREDITIT-213
AUTOMATIC IN TAXWISE FULL YEAR RESIDENT ONLY FEDERAL CHILD TAX CREDIT OR ADDITIONAL
CHILD TAX CREDIT OR INCOME BELOW FEDERAL CAP
CHILD AGE 4 TO 16 33% OF FEDERAL CREDIT REFUNDABLE
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CHILD & DEPENDENT CARE CREDIT IT-216
AUTOMATIC IN TAXWISE RES, PY RES, NONRES FEDERAL RULES: USUALLY ELIMINATE
MARRIED FILING SEPARATE A PERCENTAGE OF FEDERAL CREDIT REFUNDABLE TO FULL AND PY RESIDENTS NONREFUNDABLE TO NONRESIDENTS ADDITIONAL CREDIT FOR NYC RESIDENTS
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EARNED INCOME CREDIT IT-215
AUTOMATIC IN TAXWISE MUST CLAIM FEDERAL EIC NOT MARRIED FILING SEPARATE RES AND PY RES 30% OF FEDERAL CREDIT LESS HOUSEHOLD CREDIT ADDITIONAL CREDIT FOR NYC RESIDENTS REFUNDABLE
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NON-CUSTODIAL PARENT EICIT-209
NOT MARRIED FILING SEPARATE CHILD DID NOT RESIDE WITH TAXPAYER FULL YEAR RESIDENT ONLY AGE 18 OR OLDER CHILD UNDER 18 MUST PAY CHILD SUPPORT COURT ORDER AND COLLECTION UNIT ADDITIONAL CREDIT FOR NYC RESIDENTS REFUNDABLE
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LINK TO FROM IT-201 TO IT-209
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IT-209 REQUIRED INPUTS
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IT-209 CREDIT CALCULATION 1
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IT-209 CREDIT CALCULATION 2
N
N
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NONREFUNDABLE CREDITS ON IT-201 ATT
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ENTERING CREDITS ON IT-201 ATT
IT 201 INSTRUCTIONS PAGE 98
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LONG TERM CARE INSURANCEIT-249
QUALIFIED POLICY
MAX ALLOWED CAPPED BASED ON AGE
CARRYOVER
RES, NONRES, PY RES
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ENTER LONG TERM CARE INSURANCE ON SCHEDULE A
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LINK FROM IT-201 TO IT-201 ATT
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LINK FROM IT-201 ATT TO IT-249
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IT-249 PAGE 1
ENTER PREMIUM VIA SCRATCH PAD
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IT-249 PAGE 2
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ENTER LONG TERM CARE CREDIT ON IT-201 ATT
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LONG TERM CARE INSURANCE CREDIT ON IT-201
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REFUNDABLE CREDITS ON IT-201 ATT
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NURSING HOME ASSESSMENT CREDIT IT-258
ENTIRE ASSESSMENT IS REFUNDABLE
AVAILABLE ONLY TO DIRECT PAYER
MUST BE STATED SEPARATELY
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LINK FROM IT-201 ATT TO IT-258
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COMPLETE NURSING HOME ASSESSMENT CREDIT IT-258
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NURSING HOME ASSESSMENT CREDIT ON IT-201 ATT
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NURSING HOME ASSESSMENT CREDIT ON IT-201
LINE 71 MAY INCLUDE OTHER REFUNDABLE CREDITS
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FULL YEAR RESIDENT ONLY FULL YEAR SERVICE NO PROPERTY TAX EXEMPTION FOR
SERVICE TAXPAYER AND SPOUSE MAY BOTH
QUALIFY
VOLUNTEER FIREFIGHTER AND AMBULANCE WORKER CREDIT IT-245
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LINK FROM IT-201 ATT TO IT-245
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VOLUNTEER FIREFIGHTER AND AMBULANCE WORKER CREDIT IT-245
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CREDIT ON IT-201 ATT
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MORE NY CREDITS
SEE SEPARATE FILES FOR
COLLEGE TUITION CREDIT IT-272
REAL PROPERTY TAX CREDIT IT-214
RESIDENT CREDIT IT-112R
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CREDITS NOT AVAILABLE IN TAXWISE 2008
CLEAN HEATING FUEL IT-241
CONSERVATION EASEMENT IT-242
DEFIBRILLATOR IT-250
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NY CREDITS
QUESTIONS?