NYS Long Term Care Insurance Premiums as individual Entered under NYS Taxes, but it is not carried as a credit in the IT-201.

[lrodasNYPD]

I included the Long-Term Care payments that I paid as an individual in the NYS credits (I didn’t include in the federal return since I am claiming the federal standard deduction). These payments were then included in form IT-249, Line 1 and then the 20% on line 3, which are correct; however, this amount was not carried over to the IT-201 line 42, like it was done in the past. I tried to over-ride this mistake and now Turbo is not allowing me to e-file.  How can the LTC credit paid as an individual be carried as a credit in the IT-201? Also, pls note that the IT-201-ATT form was not printed when I finalized the taxes. Can you explain why?

[ErnieS0]

You may not see the credit for long-term care insurance if you do not have any tax to apply the credit against. Check Schedule H of Form IT-249. Is there an amount on line 23, Credit used for the current tax year? Or is the whole amount on line 24, Amount of credit available for carryover to next year.

IT-201-ATT will only print if you had a credit. If the entire long-term care credit was carried over to next year, there would not be a current year credit and IT-201-ATT would not be necessary and would not print.

[lrodasNYPD]

Good morning Ernie

Thank you so much for your response. However, pls note that form IT-249 shows the LTC credit on line 3; but it is NOT carried to line 23. According to the instructions, Line 23 includes the amount from line 14 to 22; i.e. excludes the LTC included in line 3. Can you help me on how can I correct this so the credit is carried to IT 201 in line 42 as a credit as it was included last year? thank you so much!

[ErnieS0]

Do you have any tax liability? The only way it doesn't carry over on my return is if IT-249 line 20 is $0.

[Fiftiesgold]

Was n.y. a.g.i. under 250K? If not, no credit, no c/o, just disallowed.