2012 ProSeries/New York Readme
Release 2012.04e / May 3, 2013
Contents
Items addressed in this release
Items addressed in previous releases
What's new for ProSeries/New York
Forms
Electronic filing
Items addressed in this release
- Taxpayer/Spouse Income Allocation Wks. Line 52 - New York State tax allocated between taxpayer and spouse recomputed based on each
person's New York AGI and New York taxable income using Married Filing Separately tables, rate schedules. Tables and rate schedules for
Married Filing Jointly had been used in the past. This change is per communication with NY DOR from question we submitted.
- Error checking updates. Error checking corrected or enhanced, various forms.
Items addressed in previous releases
- IT-370. The restriction where the extension can not be e-filed until
after the federal extension has been accepted has been removed.
- IT-201 and IT-203. Preparer section date field made enterable, to allow edits when date calc from preparer worksheet not used.
- IT-216. Error checking updated when a qualifying person is older than 13 and the disabled box is not checked.
- Other Additions and Subtractions Statements, for IT-201 and IT-203. An entry field has been added at line S-2 to allow
entry of other needed adjustment not reported on an RRB 1099-R.
- IT-370 non-final electronic filing error. The electronic filing conversion error for Form IT-370 has been resolved.
- IT-203 name section when IT-203-C present. The program has been corrected so that when an IT-203-C is
part of the return, only the name of the spouse which has New York income prints on the taxpayer name line. The
Social Security Number of the spouse with New York income is listed first, the other spouse's Social Security Number
is listed second, per instructions on Form IT-203-C.
What's new for ProSeries/New York
The following items are new for tax year 2012:
- Itemized Deductions. Itemized deduction information now reported on two new forms, IT-201-D and IT-203-D.
- Direct Deposit or Electronic Funds Withdrawal. For print as well as electronically filed returns, New York now requires an entry to note if the bank account used is a personal or business bank account.
- Form IT-2. Summary of W-2 Statements is obsolete. Instead submit copy of the federal Form(s) W-2.
- Form IT-1099-R. Summary of Federal Form 1099-R Statements is obsolete. Submit copy of the federal Form(s) 1099-R.
- Form IT-1099-UI. Summary of Unemployment Compensation Payments is obsolete. Submit copy of the federal Form(s) 1099-G or W-2G.
- Noncustodial parent earned income credit. Credit has been extended through tax years beginning before January 1, 2015. See Form IT-209 and its instructions.
- Metropolitan commuter transportation mobility tax (MCTMT). Threshold for imposing this tax has increased from $10,000 to $50,000. See Form MTA-6 and its instructions.
Forms
The New York Department of Revenue has approved for filing all forms and
schedules included in ProSeries/New York.
Electronic Filing
General information for electronic filing:
You can file returns electronically with this version of ProSeries/New York. Electronic filing is available on January 30, 2013.
For a list of forms that can be e-filed go to What's New This Year in Help Center.
E-File Mandate for Tax Professionals
The mandate threshold has changed to cover tax preparers who prepared at least one
authorized tax document for more than 10 different taxpayers during calendar year 2012.
You remain subject to the mandate if you were subject to it in a previous year,
even if you don't meet the new threshold in calendar year 2012.
- See New York e-File mandate changes here
- See who the New York e-File mandate applies to here
- See list of New York tax documents that must be electronically filed here
- See more information on the e-File mandate here
Penalties
If you don't file and pay electronically when required to do so, the department may impose penalties on both you and your clients.
- See details about New York's penalties here
Additional Information
Check all returns
The New York Department of Revenue scans computer-generated forms to quickly
process the income tax returns they receive. To meet the requirements for producing
computer-generated forms, ProSeries is required to limit the width of the tax
information printed on forms that are scanned. In certain cases, data you entered may
be truncated. After completing a tax return, review the information that prints (for
example, mailing address information), make any necessary changes, and reprint the
return before mailing it.
End of ReadMe file for ProSeries/New York