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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
General Information
If this field is marked, the application creates the federal electronic file only, and suppresses all of New York City electronic files.
If this field is marked and New York City estimates are marked to be filed electronically, the application creates Form NYC-300 or estimate electronic files only, and suppresses the New York City electronic file(s) for the general corporation tax return and extension.
If Form NYC-579-GCT has already been signed by an authorized officer of the corporation and returned to the firm, mark this field. If the option in Setup > Office Configuration > Print Options > Always print Form 8879 (etc.), regardless of signature status is unmarked and Form NYC-579-GCT has already been signed, Form NYC-579-GCT will not print when the tax return is printed. If this field is marked, the filing instructions will indicate that there is no further action necessary. If this field is not marked, the filing instructions will indicate that Form NYC-579-GCT must be signed before the return can be filed electronically.
Enter the date Form NYC-579-GCT / NYC-579-BCT was signed by an officer of the corporation. If this field is blank, the application defaults to the Signature date field in federal Screen ELF, or the option selected in Setup > Office Configuration > Print Options, When Form 8879 (etc.) signature date(s) (Preparer and/or Client) are not entered checkbox.
Enter the date Form NYC-579-GCT / NYC-579-BCT was signed by the electronic return originator (ERO). If this field is blank, the application defaults to the date entered in the Signature date field. If both fields are blank, the application will default to the ERO signature date field in federal Screen ELF, or the option selected in Setup > Office Configuration > Print Options, When Form 8879 (etc.) signature date(s) (Preparer and/or Client) are not entered field.
Enter the required information to generate the electronic funds withdrawal (direct debit) payment in the 1120 New York City electronic return file. Use this field to generate the New York City electronic funds withdrawal for balance due general corporation tax returns only. If this field is blank, an electronic funds withdrawal is not generated.
Note: In addition to entering the requested payment date, you must also enter bank account information in federal Screen Bank or NYBank.
If the federal return is not a short year return, enter X to indicate the New York City return is a short year return. The federal return must be attached to the electronic file as a PDF in Edit > Electronic Filing Attachments.
If the client is a member of a federal consolidated return and will not be included in a New York City combined return, enter X to indicate the member is filing separate return. The federal return must be attached to the electronic file as a PDF in Edit > Electronic Filing Attachments.
Enter X if the client is a member of a federal consolidated return but will be included in a New York combined return with different members than the federal consolidated client. The federal return must be attached to the electronic file as a PDF in Edit > Electronic Filing Attachments.
Enter X to prevent the federal return from automatically being attached to the New York electronic file. If this field is marked, an alternate federal return or equivalent must be attached to the electronic file as a PDF in Edit > Electronic Filing Attachments.
Extension Information
If Form NYC-579-GCT or NYC-579-BCT has already been signed by an authorized officer of the corporation and returned to the firm, mark this field. If the option in Setup > Office Configuration > Print Options > Always print Form 8879 (etc.), regardless of signature status is unmarked and Form NYC-579-GCT or NYC-579-BCT has already been signed, Form NYC-579-GCT or NYC-579-BCT will not print when the tax return is printed. If this field is marked, the filing instructions will indicate that there is no further action necessary. If this field is not marked, the filing instructions will indicate that Form NYC-579-GCT or NYC-579-BCT must be signed before the return can be filed electronically.