What does the form 203-F mean?

[ck1328]

Which version of TurboTax desktop are you using? I'm using the Mac version and am unable to create multiple IT-203-Fs, even if I try to scroll past the first.

[nivin]

@ck1328

I'm using Windows; however, I can only create multiple IT-203-F Schedule Bs in Forms mode. Step-by-Step mode only allows for a single Schedule B, even tho the instructions say that multiple Schedule Bs can be generated.

[ck1328]

I see. I'm on Mac and I am using forms mode, but the scrolling trick doesn't seem to work for me. 

[ck1328]

@nivin Which edition of TurboTax are you using? I am using the premier.

[nivin]

I'm also using Premier. Contact Support and let them know you can't generate multiple IT-203-F Schedule Bs? I had to deal with a bunch of issues with Form 2210 last year, and I was finally routed to a tax preparer/CPA that was able to confirm the issue and a future update fixed the issue.

If you share your screen with Support, the instructions in Step-by-Step mode clearly state that multiple Schedule Bs can be generated by scrolling -- that doesn't work in the Windows version either. That text alone should be enough for them to open an internal bug report?

[indigojeffreyj]

I can create multiple IT-203-F schedule B forms using the Mac Premier version, however the software seems to still think that you need to fill out Schedule A, which is mainly for termination agreement or non-compete income.

The values in line 20 of Schedule B seem to be used nowhere in the tax return when done, it seems the software only cares about Schedule A. The NY income should include the sum of all line 20 values across all completed Schedule B forms.

I think the way around this is to not fill out IT-203-F forms, instead fake a allocation number via percentage method, then at the end, manually edit the NY (and other state, if any) forms to use the real value as determined by filling out IT-203-F by hand, and instead print out and mail the NY return with your hand-edited IT-203-F forms.

Intuit needs to fix this to support filling out Schedule B only and using the sum of all Schedule B values as the final return value.

[nivin]

@indigojeffreyjIf it's helpful, I'm filing as a non-resident (IT-203) and for IT-203-F I have an empty Schedule A and multiple Schedule Bs. In the NY "Alloc Wks" form, "Capital Gain or Loss Allocation Smart Worksheet" has a checkbox (which I have checked) to allocate using form IT-203-F. All Schedule B Line 20 values are totaled together and entered in Line A, which results in an allocation on Line 7 (capital gain or loss). I then offset the amount in Line B (Line A * -1) to zero out line 7, and place the amount of Line A into Line 1 (wages, salaries, tips, etc.) column D. At least for my tax situation, my understanding is that this is the correct method to generate an accurate tax return that can be efiled. The 2021 TurboTax PDF output is also the same as non-resident returns that I have efiled in prior years where IT-203-F was an attached PDF.

[indigojeffreyj]

@nivin oh wow, seems super hacky but I just tried it and seems to work for me too. They really should fix this, amazing that you found how to make it work with what they have!

The printed tax forms (presumably equivalent to what would be e-filed) seem to include all Schedule Bs and the proper amount.

Thanks! Seems NY doesn't allow mailing the paper copies generated by TurboTax (with the barcode) so was dreading editing an entire IT-203 copying over the TurboTax values and mailing it in.

[indigojeffreyj]

@nivin hmmm I finished filling out everything and am using your negative capital loss trick, but it thinks the forms are in an erroneous state. It still wants something to be entered into IT-203-F Schedule A, and it really doesn't like the negative capital gains entry in the worksheet.

However, looking at the forms preview, it looks correct relative to my tax year 2020 forms (I was a part-year NY resident, moved to another state permanently then, had to fill out IT-203-F).

Have you successfully e-filed both federal and state forms? I wonder if it will let me do that because it thinks there are errors in it though?

[nivin]

@indigojeffreyjI have not efiled yet and won't be able to file for a few more weeks. In Forms mode, if I click the  "Errors" button it shows "Great News! Your return has no errors"; however, if I revisit NY taxes in Step-by-Step mode, TurboTax claims that my NY taxes are not done and when I get to the "Capital Gain and Loss Allocation Summary" screen there's an error message "Your total New York capital gains should not exceed the Federal capital gain or loss amount" if I use the same value as I did in Forms mode to zero out NY cap gains. I'm unable to advance beyond that screen unless I enter a wrong value. After entering the bogus value, I can later go into Forms mode and enter an offsetting value that zeros out Line 7. After that point, as long as I don't restart NY taxes from scratch, TurboTaxes appears to be "good" with the values entered.

[indigojeffreyj]

@nivin 

> Your total New York capital gains should not exceed the Federal capital gain or loss amount" if I use the same value as I did in Forms mode to zero out NY cap gains. I'm unable to advance beyond that screen unless I enter a wrong value

Yep, seeing the same in step-by-step mode (thinks there are errors) and forms mode (no errors). It is also complaining about wanting the allocation period and other stuff to be filled out in IT-203-F Schedule A as well in step-by-step error checking mode.

I definitely wish it would just work like last year too (attach PDF files), since their implementation is pretty broken.

[demens13]

bump for a solution.

[nosadciw]

I am also being forced to enter information in IT-203F schedule A but I only have restricted stock to report to NYS so I only need to fill out IT-203F schedule B.  Is there a workaround for skipping the schedule A portion of IT203F?

[nosadciw]

What do you mean "NY doesn't allow mailing the paper copies generated by TurboTax (with the barcode)"?

So far I have been able to print my NYS forms in TurboTax and they have barcodes and the cover sheet that TurboTax includes has instructions on how to paper file in NY.  The one thing I haven't done yet is the hack to make the amount in IT-203-F Schedule B line 20 show up as part of NY wages on IT-201 line 1 (NY column).  As others have reported, TurboTax is putting the Schedule B line 20 amount in Line 7 of IT-201.  That seems like a huge bug on TurboTax.  Hey TurboTax, any plans to fix that??

[indigojeffreyj]

It's NY state law for e-filing:

https://www.tax.ny.gov/pit/efile/efile_mandate_for_individuals.htm

The completed NY return contains a bar code that likely indicates that it was completed by TurboTax, so I suspect that you'd violate this requirement by simply printing out the TT generated forms and mailing them in.

It appears that nivin's hack produces correct paper forms but I just tried to e-file Fed, CA and NY. Fed/CA succeeded but NY e-filing failed as the program still thinks there are errors on the 203-F form, namely that it wants Schedule A to be filled out (despite not being the proper form for restricted stock), and it doesn't like the negative capital gains trick to produce the proper numbers.

My plan for filing NY is to fill out the forms by hand using the values that TT provided me (because I can't send what TT gave me), and mailing it. This stinks, but I don't see any other solution possible.