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Screen NYEst - New York Estimates (1040)
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Overview
Use this screen to complete Forms IT-201, IT-203, IT-2105, and the New York Estimated Tax Payments Worksheet. If information transferred from UltraTax/1040 doesn't require additional data or coding, UltraTax/1040-NY shows it on the form only, not in the screen.
Enter state payments in the federal St Pmt screen so the amounts transfer to federal Schedule A. If you enter payments for this state in more than 1 of the units provided in the federal St Pmt screen, make sure to use the same fields for each unit. For example, if you use the
Total
field in one unit, use the Total
field for all units that pertain to New York. Similarly, if you use the 1st - 5th payment
fields, enter the amounts in the 1st - 5th payment
fields for all units used for New York.Overpayment Application
Use this section to apply any current year overpayment to next year's estimated tax payment.
Application of
2025
overpaymentThe code options available in this field are the same as those in UltraTax/1040. They instruct UltraTax CS how to apply any current-year overpayment. Your decision affects what is printed on Page 4 of the return and the calculation of next year's estimated tax payments. Go to the NYUBTEst screen to enter information for New York City Unincorporated Business Tax estimates. New clients and converted clients may benefit from global options. Select
Setup
, 1040 Individual
, then the New York
tab. Select New Client Options
and enter the code or codes with which newly created and converted client returns calculate. These fields transfer the global choice to newly created and converted clients. The transferred codes may be changed in these fields if necessary without being overwritten by the global choice made in the New Client Options window. These fields are proforma'd from year to year; therefore, only newly created and converted clients are affected by global options.Estimates - Calculated
To have UltraTax CS calculate next year's estimated tax liability and required payments, enter
2
, 3
, 4
, 5
, 6
, 7
, or 8
in the Application of
field, or make an entry in the 2025
overpaymentForm IT-2105 declaration for
field. Go to the NYUBTEst screen to enter information for New York City Unincorporated Business Tax estimates.2026
Form IT-2105 declaration for
2026
The codes used in this field are the same as those in UltraTax/1040. They tell UltraTax CS which method to use to determine the amount of the next year's estimated tax.
If you enter
2
through 8
in the Application of
field, UltraTax CS defaults to option 2025
overpayment1
in the Form IT-2105 declaration for
field.2026
If you leave both of these fields blank, UltraTax CS doesn't generate estimate vouchers or filing instruction information.
New clients and converted clients may benefit from global options. Select
Setup
, 1040 Individual
, then the New York
tab. Select New Client Options
and enter the code or codes with which newly created and converted client returns calculate. These screen fields transfer the global choice to newly created and converted clients. The transferred codes may be changed in these fields if necessary without being overwritten by the global choice made in the New Client Options window. These fields are proforma'd from year to year; therefore, only newly created and converted clients are affected by global options.Withholding adjustment
Enter the adjustment to New York, New York City, Yonkers, and MCTMT withholding to be used in the calculation for next year's estimates in these fields.
Amounts for code 5 or 9
If you enter code
5
in the Form IT-2105 declaration for
field, enter the desired quarterly payments in these fields. These amounts are adjusted by the overpayment applied, if applicable, and prints on the vouchers.2026
If you enter code
9
in the Form IT-2105 declaration for
field, enter the desired quarterly payments in these fields. These amounts aren't adjusted by the overpayment applied.2026
Amounts for
2026
estimates paidIf you enter code
1
, 2
, 3
, 6
, or 8
in the Form IT-2105 declaration for
field, enter the amounts already paid for each estimate. These amounts and the overpayment applied are subtracted from the calculated quarterly gross estimated tax liability to determine the net voucher amounts.2026
If code
5
or 9
is selected in the Estimates - declaration for
field, amounts in these fields won't adjust the voucher amounts. To indicate an estimate already paid when using code 5 or 9, enter the amount in the 2026
Amounts for
column only.2026
Estimates paidnote
To print the paid amounts on the Estimate filing instructions, select
Setup
, 1040 Individual
, Other Return Options
, Client Documents
, and mark Print Paid next to payments indicated as paid on Screen Est
.Amounts for code 6
If you enter code
6
in the Form IT-2105 declaration for
field, enter the adjustments to taxable income, other taxes, other credits, and MCTMT net earnings in these fields. Amounts entered for taxable income will also increase AGI on the tax worksheets.2026
Tax projection options for code 8
If estimate declaration code
8
, Use tax from Tax Projection Worksheet, is selected to calculate next year's estimates, you can customize the tax used in the calculation by selecting 1 of the available options. UltraTax automatically adjusts the projected tax liability based on the option selected. To produce a specific refund amount, enter that amount in the Amount of refund desired
field.Alternate income percent for Line 12 on the Estimate Worksheet
On nonresident and part-year returns, estimates are calculated using the income percentage calculated for Form IT-203, line 45. If your client's income percentage will be different next year, enter the corrected percentage in this field.
Number of
2026
vouchers desiredThe number of estimate vouchers defaults to
4
. Enter a code to specify fewer than 4 vouchers. The overpayment and amounts already paid toward next year's estimates are applied to each voucher based on the overpayment code and the quarter in which the amounts were paid.Amount to round up each estimate
This field allows you to enter rounding specifications for the estimated payments. The estimated payments can be rounded up to the nearest factor indicated. For example, if you want to round up each estimated payment to the nearest $10, enter
10
. If you leave this field blank, UltraTax CS automatically rounds each estimated payment up to the next dollar.Treat 4th quarter estimate as due on 12/31/
2026
Use this field to indicate in the filing instructions that the 4th quarter estimate is due by 12/31. A global default is available for all new clients for all state returns. To select this option, select
Setup
, 1040 Individual
, the Federal
tab, New Client Options
, and enter X
in the Treat 4th quarter state estimate as due on December 31st
field. Go to the NYUBTEst screen to adjust the due date of New York City Unincorporated Business Tax estimate payments.Separate Estimate Account
Use this section to prompt UltraTax CS to calculate a separate set of estimate vouchers for the spouse for married-filing-joint returns.
Spouse portion payable for New York State / New York City / Yonkers / MCTMT
Enter a number from 1 to 100 representing the percentage of the total estimated tax calculation belonging to the spouse. A separate set of estimated tax vouchers prints for the spouse if 1 or more percentages are completed. New York State permits 1 name and Social Security number per voucher. Per the instructions for Form IT-2105 each married taxpayer should establish a separate estimated income tax account. UltraTax CS assigns 100% of the estimate liability to the taxpayer unless entries are made in these fields. Enter a number in these fields when a separate set of vouchers with blank amount fields is desired for the spouse when code
4
is entered in the Form IT-2105 declaration for
field.2026