New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
See also: 1120 New York frequently asked questions
Account Information
The application chooses direct deposit for the NYC return refund when the financial institution information has been entered in this screen. Enter X if you do not want to deposit the NYC refund directly into the client’s account.
The financial institution information entered in federal Screen Bank is transferred for electronic funds withdrawal. To use a different account for the New York return, enter the financial institution information in this screen.
Note: Account information from this section is used to generate the e-file Electronic Funds Withdrawal for balance due returns. To generate the e-file payment, enter a date in the Requested payment date fields in Screen NYELF. If you do not want to generate the e-file payment, you do not have to remove the account information in this section. The e-file payment is generated only when one of the Requested payment date fields is completed in Screen NYELF.