Screen NYCrZ-2 - New York Zone Credits Employment Tests (1040)

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Overview

Use this screen to complete Forms IT-604 and IT-606, Sections 1 and 2. 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.

Employment Tests for Forms IT-604 and IT-606

UltraTax CS uses the information in this section to complete employment portions of Forms IT-604, Section 1 or 2, and IT-606.
Unit / Form / Activity
Entries in these fields are used to gather and coordinate information to calculate Forms IT-603, IT-604, IT-605, and IT-606.
Current year within zone
Enter number of employees employed within the empire zone. In the Date column, enter the year ending date. Enter the number of employees employed in the March, June, Sept, and Dec columns. For employee averaging on Forms IT-604, and IT-606, a value of
0
(zero) employees may be entered in any field. A
0
(zero) indicates that the quarter should be counted when averaging number of employees for any particular year. A blank field isn't considered for averaging purposes. See form instructions for more information.
Note that date fields are only used for Forms IT 604 and IT-606. Enter the date in
MM/DD/YYYY
format. The dates are formatted as needed to display on the form.
Base year five
fields are used only for Section 1 of Forms IT-604 and IT-606.
Base year five
fields aren't applicable (disabled) for Section 2 of Forms IT-604 and IT-606.
Current year within New York but outside zone
Enter number of employees employed outside of the empire zone for IT-604 and IT-606. In the Date column enter the year ending date. Enter the number of employees employed in the March, June, Sept, and Dec columns. For employee averaging on Forms IT-604 and IT-606, a value of
0
(zero) employees may be entered in any field. A
0
(zero) indicates that the quarter should be counted when averaging number of employees for any particular year. A blank field isn't considered for averaging purposes. See form instructions for more information. Entries in these fields are used to complete employee count and averaging within zone.
Note that
Date
fields are only used for Forms IT-604 and IT-606. Enter the date in
MM/DD/YYYY
format. The dates are formatted as needed to display on the form.

Other Employment Information for Forms IT-604 and IT-606

UltraTax CS uses the information in this section to complete miscellaneous other information for Section 1 or 2 of Forms IT-604 and IT-606.
Test year - starting date/ … / Employee count for the test year
Enter the dates and number of employees per quarter in these fields to complete Form IT-604, Page 2 or 6 or Form IT-606, Page 2. IT-606, Section 2 doesn't ask for this information; go to the
Form IT-606 base year employment number (Force)
field to enter the base employment number for Form IT-606, Page 6.
Forms IT-604 and IT-606 current year employment number
The entry in this field is used to complete Form IT-604, Pages 2 and 6, or Form IT-606, Pages 2 and 6. See instructions for either form for more information regarding employment number calculation.
Form IT-606 base year employment number (Force)
The entry in this field is used to complete Form IT-606, Page 6. No detailed employee averaging schedule appears on Form IT-606.

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