1120-NY: Indicating a shareholder is a resident of New York City or Yonkers

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In View > Shareholder Information > New York tab, select either New York City or Yonkers from the drop-down list for the Shareholder residency status field. If the shareholder is not a resident of New York City or Yonkers, leave this field blank. UltraTax CS marks the shareholder as either a New York state resident or a nonresident based on what is entered in the Resident State field in the Shareholder tab.

Related topic: 1120 New York frequently asked questions

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