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calculate NYS Form IT-215 line 10 based on the Recomputed FAGI

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calculate NYS Form IT-215 line 10 based on the Recomputed FAGI

accountingPlus1

When the NYS Form IT-558 is in used then Line 10 of form IT-215 is not calculating.

 

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accountingPlus1
Level 2

NYS EIC is based on the federal EIC. The IT-215 line 10 pulls the federal EIC and NYS will calculate their EIC amount.

Due to the form IT-558, there is a difference in the AGI, that the NYS AGI will be Higher than the FAGI. Therefore the NYS will calculate the EIC credit based on the recoupled FAGI. 

But in some way, Pro Series will not open the IT-215 and fill in the EIC form IT-215 line 10 based on the recoupled FAGI.

Pro series will leave that line 10 with no amount.

We need that the software should calculate the EIC amount based on the recoupled FAGI, when form IT-558 is in used

 

 

accountingPlus1
Level 2

NYS EIC is based on the federal EIC. The IT-215 line 10 pulls the federal EIC and NYS will calculate their EIC amount.

Due to the form IT-558, there is a difference in the AGI, that the NYS AGI will be Higher than the FAGI. Therefore the NYS will calculate the EIC credit based on the recoupled FAGI. 

But in some way, Pro Series will not open the IT-215 and fill in the EIC form IT-215 line 10 based on the recoupled FAGI.

Pro series will leave that line 10 with no amount.

We need that the software should calculate the EIC amount based on the recoupled FAGI, when form IT-558 is in used

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