1120 New York City: Entering officer information for an S Corporation in a New York City return

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For federal S Corporation, officer information should be entered in federal Screen Inc, in the IncDed folder, in the Officer’s compensation (S Corp) statement dialog. This information will transfer to city Screen NYNYCGen, in the NYC folder, to the Certain stockholders statement dialog. Within the Certain stockholders statement dialog, complete the data entry for the New York City return.

Note: UltraTax CS includes all compensation of all shareholders owning over 5 percent of the Corporation in the alternative tax calculation.

Related topic: 1120 New York frequently asked questions

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