Screen NYSTRTUP - New York START-UP Credits (1120)

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General Information

Form, select ’Base’ to use data on multiple forms
Enter the credit form number or select one of the available codes from the dropdown. The NYSTRTUP screen is a multiple unit screen. Add a new screen for each credit form. Select
Base
and all data entry fields are enabled in this screen; select
CT-638
, and only CT-638 related fields are enabled. The forms calculated with this screen are listed in the following table.
Code
Description
Base
General information used to calculate multiple START-UP NY credit forms
CT-638
START-UP NY Tax Elimination Credit
CT-640
START-UP NY Telecommunication Services Excise Tax Credit
Transfer entries from base screen
This is enabled if
Form
isn't blank and isn't equal to base.
If a base unit of the NYSTRTUP screen has been completed, add a 2nd unit of the NYSTRTUP screen and select a specific credit form from the dropdown. Enter
X
to transfer the related entries from the base NYSTRTUP screen to the NYSTRTUP screen for the 2nd unit. If you've selected CT-638 for the
Form
, only Form CT-638 related data transfers from the base screen to the CT-638 screen. If you change the base screen data at a later time and want the new data to transfer to the CT-638 screen, remove the
X
, select
Enter
, and re-enter
X
here. Statement data isn't available and doesn't transfer from a base screen to the credit specific screen.
It's not required to complete a base screen; it's available as a tool for corporations that qualify for more than 1 START-UP NY credit based upon the same set of data. Data entered on a base screen alone isn't used to calculate a form.

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