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NYS' eFile Mandate
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NoClue
Jan 29, 2012, 10:34:51 AM1/29/12
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According to NYS' web site:
Partnerships must e-file if they meet all three of these conditions:
Prepare tax documents themselves, without the assistance of a tax
professional;
Use approved e-file tax software to prepare their return or extension;
and
Have broadband internet access
Corporations must e-file if they meet all three of these conditions:
1. Prepare tax documents themselves, without the assistance of a tax
professional;
2. Use approved e-file tax software to prepare their return, or use a
computer to prepare, document or calculate an extension or estimated
tax payment; and
3. Have broadband internet access.
I have a small C corp; and I use spreadsheets to keep my corporate
books, compute payrolls, etc. For 2011, there is no estimated tax
payments. Does this mean I do NOT meet condition #2? Is condition #2
limited to using a computer related to "extension or estimated tax
payment" and nothing else? [I meet conditions 1 and 3; and I was
planning to do my NYS & NYC Corp tax returns manually.]
If I meet condition #2, doesn't that basically catches all small
corporations that file their own tax returns [I don't know how many
small corporations are running their business without a PC and
broadband internet.]
And if I must eFile, are there any free eFile software for
corporations?
TIA
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paulthomascpa
Jan 30, 2012, 10:00:32 AM1/30/12
to
"NoClue" <mirss...@sneakemail.com> wrote > According to NYS' web site:
>
> Partnerships must e-file if they meet all three of these conditions:
> Prepare tax documents themselves, without the assistance of a tax
> professional;
> Use approved e-file tax software to prepare their return or extension;
> and
> Have broadband internet access
>
> Corporations must e-file if they meet all three of these conditions:
>
> 1. Prepare tax documents themselves, without the assistance of a tax
> professional;
>
> 2. Use approved e-file tax software to prepare their return, or use a
> computer to prepare, document or calculate an extension or estimated
> tax payment; and
>
> 3. Have broadband internet access.
>
> I have a small C corp; and I use spreadsheets to keep my corporate
> books, compute payrolls, etc. For 2011, there is no estimated tax
> payments. Does this mean I do NOT meet condition #2? Is condition #2
> limited to using a computer related to "extension or estimated tax
> payment" and nothing else? [I meet conditions 1 and 3; and I was
> planning to do my NYS & NYC Corp tax returns manually.]
If you are not using software to prepare your return you are not mandated to
> Partnerships must e-file if they meet all three of these conditions:
> Prepare tax documents themselves, without the assistance of a tax
> professional;
> Use approved e-file tax software to prepare their return or extension;
> and
> Have broadband internet access
>
> Corporations must e-file if they meet all three of these conditions:
>
> 1. Prepare tax documents themselves, without the assistance of a tax
> professional;
>
> 2. Use approved e-file tax software to prepare their return, or use a
> computer to prepare, document or calculate an extension or estimated
> tax payment; and
>
> 3. Have broadband internet access.
>
> I have a small C corp; and I use spreadsheets to keep my corporate
> books, compute payrolls, etc. For 2011, there is no estimated tax
> payments. Does this mean I do NOT meet condition #2? Is condition #2
> limited to using a computer related to "extension or estimated tax
> payment" and nothing else? [I meet conditions 1 and 3; and I was
> planning to do my NYS & NYC Corp tax returns manually.]
e-file the return. You are preparing it manually, so #2 does not fit your
situation.
--
Paul Thomas, CPA
www.paulthomascpa.com
Pico Rico
Jan 30, 2012, 4:10:35 PM1/30/12
to
"paulthomascpa" <paultho...@bellsouth.net> wrote in message
news:uJSdncHY6uocLbvS...@giganews.com...
>
> "NoClue" <mirss...@sneakemail.com> wrote > According to NYS' web site:
>>
>> Partnerships must e-file if they meet all three of these conditions:
>> Prepare tax documents themselves, without the assistance of a tax
>> professional;
>> Use approved e-file tax software to prepare their return or extension;
>> and
>> Have broadband internet access
>>
>> Corporations must e-file if they meet all three of these conditions:
>>
>> 1. Prepare tax documents themselves, without the assistance of a tax
>> professional;
>>
>> 2. Use approved e-file tax software to prepare their return, or use a
>> computer to prepare, document or calculate an extension or estimated
>> tax payment; and
>>
>> 3. Have broadband internet access.
>>
>> I have a small C corp; and I use spreadsheets to keep my corporate
>> books, compute payrolls, etc. For 2011, there is no estimated tax
>> payments. Does this mean I do NOT meet condition #2? Is condition #2
>> limited to using a computer related to "extension or estimated tax
>> payment" and nothing else? [I meet conditions 1 and 3; and I was
>> planning to do my NYS & NYC Corp tax returns manually.]
>
>
> If you are not using software to prepare your return you are not mandated
> to e-file the return. You are preparing it manually, so #2 does not fit
> your situation.
>
I would agree with this is the way to handle it, but the way it is worded
> "NoClue" <mirss...@sneakemail.com> wrote > According to NYS' web site:
>>
>> Partnerships must e-file if they meet all three of these conditions:
>> Prepare tax documents themselves, without the assistance of a tax
>> professional;
>> Use approved e-file tax software to prepare their return or extension;
>> and
>> Have broadband internet access
>>
>> Corporations must e-file if they meet all three of these conditions:
>>
>> 1. Prepare tax documents themselves, without the assistance of a tax
>> professional;
>>
>> 2. Use approved e-file tax software to prepare their return, or use a
>> computer to prepare, document or calculate an extension or estimated
>> tax payment; and
>>
>> 3. Have broadband internet access.
>>
>> I have a small C corp; and I use spreadsheets to keep my corporate
>> books, compute payrolls, etc. For 2011, there is no estimated tax
>> payments. Does this mean I do NOT meet condition #2? Is condition #2
>> limited to using a computer related to "extension or estimated tax
>> payment" and nothing else? [I meet conditions 1 and 3; and I was
>> planning to do my NYS & NYC Corp tax returns manually.]
>
>
> If you are not using software to prepare your return you are not mandated
> to e-file the return. You are preparing it manually, so #2 does not fit
> your situation.
>
means if you use a spreadsheet or accounting program (like Quicken) to
record your estimated payments (i.e. "document") then you qualify.
Ridiculous, yes, so I would take your approach.
paulthomascpa
Jan 31, 2012, 8:51:21 AM1/31/12
to
"Pico Rico" <Pico...@nonospam.com> wrote
> I would agree with this is the way to handle it, but the way it is worded
> means if you use a spreadsheet or accounting program (like Quicken) to
> record your estimated payments (i.e. "document") then you qualify.
> Ridiculous, yes, so I would take your approach.
I can't see how they can punish someone for not doing something they can't
> means if you use a spreadsheet or accounting program (like Quicken) to
> record your estimated payments (i.e. "document") then you qualify.
> Ridiculous, yes, so I would take your approach.
do. You do not have tax preparation software. Excel & Quicken or
Quickbooks can not prepare a return or form. What they are trying to do,
from how I see it, is if you bought tax preparation software, use it to
e-file the return. I agree the wording is a little off.
S
Feb 4, 2012, 1:46:42 PM2/4/12
to
On Jan 30, 3:00 pm, "paulthomascpa" <paulthomascp...@bellsouth.net>
wrote:
> "NoClue" <mirss7c1...@sneakemail.com> wrote > According to NYS' web site:
true. So condition 2 is satisfied if he only uses computer for an
extension or estimated payment but does not use an approved e-file tax
software to prepare the return. It is not clear how he is meant to e-
file a return not prepared on a computer, but this is what it says.
(To further complicate things, what if you only use a computer to
calculate that you do not have to make any estimated payments, can
this force you to e-file?)
wrote:
> "NoClue" <mirss7c1...@sneakemail.com> wrote > According to NYS' web site:
>
>
>
>
>
>
>
> > Partnerships must e-file if they meet all three of these conditions:
> > Prepare tax documents themselves, without the assistance of a tax
> > professional;
> > Use approved e-file tax software to prepare their return or extension;
> > and
> > Have broadband internet access
>
> > Corporations must e-file if they meet all three of these conditions:
>
> > 1. Prepare tax documents themselves, without the assistance of a tax
> > professional;
>
> > 2. Use approved e-file tax software to prepare their return, or use a
> > computer to prepare, document or calculate an extension or estimated
> > tax payment; and
>
> > 3. Have broadband internet access.
>
> > I have a small C corp; and I use spreadsheets to keep my corporate
> > books, compute payrolls, etc. For 2011, there is no estimated tax
> > payments. Does this mean I do NOT meet condition #2? Is condition #2
> > limited to using a computer related to "extension or estimated tax
> > payment" and nothing else? [I meet conditions 1 and 3; and I was
> > planning to do my NYS & NYC Corp tax returns manually.]
>
> If you are not using software to prepare your return you are not mandated to
> e-file the return. You are preparing it manually, so #2 does not fit your
> situation.
The logical disjunction is true if at least one of the statements is
>
>
>
>
>
>
> > Partnerships must e-file if they meet all three of these conditions:
> > Prepare tax documents themselves, without the assistance of a tax
> > professional;
> > Use approved e-file tax software to prepare their return or extension;
> > and
> > Have broadband internet access
>
> > Corporations must e-file if they meet all three of these conditions:
>
> > 1. Prepare tax documents themselves, without the assistance of a tax
> > professional;
>
> > 2. Use approved e-file tax software to prepare their return, or use a
> > computer to prepare, document or calculate an extension or estimated
> > tax payment; and
>
> > 3. Have broadband internet access.
>
> > I have a small C corp; and I use spreadsheets to keep my corporate
> > books, compute payrolls, etc. For 2011, there is no estimated tax
> > payments. Does this mean I do NOT meet condition #2? Is condition #2
> > limited to using a computer related to "extension or estimated tax
> > payment" and nothing else? [I meet conditions 1 and 3; and I was
> > planning to do my NYS & NYC Corp tax returns manually.]
>
> If you are not using software to prepare your return you are not mandated to
> e-file the return. You are preparing it manually, so #2 does not fit your
> situation.
true. So condition 2 is satisfied if he only uses computer for an
extension or estimated payment but does not use an approved e-file tax
software to prepare the return. It is not clear how he is meant to e-
file a return not prepared on a computer, but this is what it says.
(To further complicate things, what if you only use a computer to
calculate that you do not have to make any estimated payments, can
this force you to e-file?)
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