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NY PART YEAR RESIDENT

REF: NY PUB 88 NY PUB 80 IT 203 INSTR. NY PART YEAR RESIDENT. NY PART YEAR RESIDENT RETURN. WHEN DOES IT OCCUR? HOW DO WE HANDLE IT? IT 203 AND NY PUB 88, IT 203 INSTR. IT 203 PAGE BY PAGE. PERSONAL INFORMATION FEDERAL INCOME AND ADJUSTMENTS

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NY PART YEAR RESIDENT

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  1. REF: NY PUB 88 NY PUB 80 IT 203 INSTR NY PART YEAR RESIDENT NY-3 NY TRAINING-2009

  2. NY-3 NY TRAINING-2009 NY PART YEAR RESIDENT RETURN WHEN DOES IT OCCUR? HOW DO WE HANDLE IT? IT 203 AND NY PUB 88, IT 203 INSTR

  3. NY-3 NY TRAINING-2009 IT 203 PAGE BY PAGE PERSONAL INFORMATION FEDERAL INCOME AND ADJUSTMENTS NY ADDITIONS AND SUBTRACTIONS DEDUCTION AND EXEMPTION(S) TAX COMPUTATION NONREFUNDABLE CREDITS SALES TAX AND CONTRIBUTIONS PAYMENTS AND REFUNDABLE CREDITS TAX DUE/REFUND ADDITIONAL INFORMATION

  4. NY-3 NY TRAINING-2009 PART YEAR NY RESIDENT COMPLETE FEDERAL RETURN USE PY RES WKT TO ALLOCATE INCOME TO STATES BASED ON DATE OF RESIDENCE CHANGE COMPLETE PART YEAR RETURNS FOR BOTH STATES

  5. NY-3 NY TRAINING-2009 PART YEAR RESIDENT EXAMPLE JOINT RETURN BOTH UNDER 65 MOVED NY TO VT 6/1/2008 NYS WAGES $11500 VT WAGES $16500 CAPITAL GAIN 9/30/2008 $5200 MONTHLY PRIVATE PENSION $6000 BANK INTEREST ($50/MO) $600 SOCIAL SECURITY $6000 FEDERAL AGI $42,800

  6. NY-3 NY TRAINING-2009 IDENTIFY BOTH PY STATES ON MAIN INFORMATION SHEET

  7. NY-3 NY TRAINING-2009 USE PART YEAR RESIDENT WKT

  8. NY-3 NY TRAINING-2009 PY RES WKT-INITIAL

  9. NY-3 NY TRAINING-2009 PY RES WKT BEFORE CAPITAL GAIN ALLOCATION MOVED NY TO VT 6/1/2008 CAPITAL GAIN 9/30/2008 $5200 NY NY VT VT FED FED ENTER 5200 IN VT COLUMN

  10. NY-3 NY TRAINING-2009 PY RES WKT AFTER CAPITAL GAIN ALLOCATION MOVED NY TO VT 6/1/2008 CAPITAL GAIN 9/30/2008 $5200 NY NY VT VT FED FED

  11. NY-3 NY TRAINING-2009 PY RES WKT BEFOREPENSION ALLOCATION NY NY VT VT FED FED $6000x7/12=$3500 ENTER 3500 IN VT COLUMN

  12. NY-3 NY TRAINING-2009 PY RES WKT AFTER PENSION ALLOCATION NY NY VT VT FED FED ALLOCATE INTEREST AND SOCIAL SECURITY THE SAME WAY

  13. NY-3 NY TRAINING-2009 PY RES WKT ALLOCATION COMPLETED NY VT FED

  14. NY-3 NY TRAINING-2009 VERIFY PY RES WORKSHEET

  15. NY-3 NY TRAINING-2009 NY IT 203 INCOME

  16. NY-3 NY TRAINING-2009 IT 203 SUBTRACTIONS

  17. NY-3 NY TRAINING-2009 IT 203 PENSION SUBTRACTION FED NY

  18. NY-3 NY TRAINING-2009 IT 203 NEW YORK AGI FED NY

  19. NY-3 NY TRAINING-2009 IT 203 NY TAXABLE INCOME

  20. NY-3 NY TRAINING-2009 IT 203 ALLOCATION OF NY TAX

  21. NY-3 NY TRAINING-2009 IT 203 SALES TAX AND CONTRIBUTIONS

  22. NY-3 NY TRAINING-2009 IT 203 PAYMENTS & REFUNDABLE CREDITS

  23. NY-3 NY TRAINING-2009 IT 203 TAX DUE/REFUND

  24. NY-3 NY TRAINING-2009 IT 203 PY RESIDENT INFORMATION

  25. NY-3 NY TRAINING-2009 IT 203 PAYMENT/REFUND INFORMATION

  26. NY-3 NY TRAINING-2009 ANSWER RESIDENCE QUESTIONS P 1 IT 203

  27. NY-3 NY TRAINING-2009 EFILE AUTHORIZATION TR-579 EFILE SIGNATURE AUTHORIZATION

  28. NY-3 NY TRAINING-2009 FACTORS TO BE AWARE OF ON PART YEAR RETURNS

  29. NY-3 NY TRAINING-2009 CREDITS NOT AVAILABLE TO PART YEAR RESIDENTS COLLEGE TUITION CREDIT EMPIRE STATE CHILD CREDIT NONCUSTODIAL PARENT EITC REAL PROPERTY TAX CREDIT VOLUNTEER FIREFIGHTER CREDIT REF: NY PUB 99-IND

  30. NY-3 NY TRAINING-2009 SOME CREDITS AVAILABLE TOPART YEAR RESIDENTS • CHILD AND DEPENDENT CARE: IT-216 • EARNED INCOME: IT-215 • LONG TERM CARE INSURANCE IT-249 • HOUSEHOLD (AUTOMATIC) • NURSING HOME ASSESSMENT: IT-258 • RESIDENT TAX: IT-112R • Only while NY Resident REF: NY PUB 99-IND

  31. NY-3 NY TRAINING-2009 INTEREST AND DIVIDEND ADJUSTMENT USE “STATE ADJUST” COLUMNS ON TAXWISE INTEREST AND DIVIDEND STATEMENTS ONLY FOR FULL YEAR RESIDENT RETURNS FOR PART YEAR AND NONRESIDENT RETURNS, MANUALLY ENTER THE CORRECT AMOUNT OF INTEREST AND DIVIDENDS DIRECTLY ON THE STATE FORMS

  32. NY-3 NY TRAINING-2009 MUNI AND US GOVT INTEREST 3 MO NY RESIDENT, 9 MO NON NY RESIDENT TAXWISE INTEREST STATEMENT

  33. NY-3 NY TRAINING-2009 $600 US GOVT INTEREST SUBTRACTION 3 MO NY RES, 9 MO VT RES SCRATCH PAD FROM IT 203 LINE 27 FED COLUMN ENTER $150 IN NY COLUMN FED NY

  34. NY-3 NY TRAINING-2009 $1200 NON NY MUNI ADDITION NON NY BOND,$100/MO INTEREST 3 MO NY RES, 9 MO VT RES FED NY

  35. NY-3 NY TRAINING-2009 PART YEAR NY RESIDENT COMPLETE FEDERAL RETURN USE PY RES WKT TO ALLOCATE INCOME TO STATES BASED ON DATE OF RESIDENCE CHANGE COMPLETE PART YEAR RETURNS FOR BOTH STATES

  36. NY-3 NY TRAINING-2009 PART YEAR NY RESIDENT QUESTIONS?

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