Below are solutions to frequently asked questions about the following New York forms:
- Form IT-2658, Report of Estimated Tax for Nonresident Individual Partners and Shareholders
- Form CT-2658, Report of Estimated Tax for Corporate Partners
- Form IT-2658-E for Shareholders
Refer to the Instructions for Form IT-2658 or the Instructions for Form CT-2658 for more information.
How do I generate Form IT-2658?
Select the applicable tax type below for instructions.
Partnership
- Go to Screen 7, Partnership Information.
- Scroll down to the Miscellaneous Info section.
- Set the Type of Entity to Individual.
- Partnerships generate Form CT-2658 for Corporate partners.
S-Corporate
- Go to Screen 5, Shareholder Information.
- Scroll down to the New York Information section.
- Set the Entity Status to Individual.
If the IT-2658-E is activated the IT-2658 won't generate.
How do I generate Form IT-2658-E for the Certificate of Exemption?
Select the applicable tax type below for instructions.
Partnership
- Go to Screen 32.1, Partner Miscellaneous Info.
- Scroll down to the New York Information section.
- Check the box for Print IT-2658-E or CT-2658-E for partner box for each partner that is eligible for the exemption.
S-Corporate
- Go to Screen 46.091, New York Schedule K-1
- Scroll down to the 2022 Nonresident Individual Shareholders Only (IT-2658) section.
- Check the box for Print IT-2658-E for shareholder.
How do I generate Form CT-2658?
Select the applicable tax type below for instructions.
Partnership
- Go to Screen 7, Partnership Information.
- Scroll down to the Miscellaneous Info section.
- Set the Type of Entity to Corporation.
S-Corporate
- Go to Screen 5, Shareholder Information.
- Scroll down to the New York Information section.
- Set the Entity Status to Corporation.
Why isn't Form IT-2658 generating for a New York resident?
The Resident State must be set to some other state. For shareholders, NY Residency Status should be set to NY State nonresident.
Form IT-2658 won't generate for exempt shareholders/partners. Persons whose estimated tax is less than $300 are automatically considered exempt. Others may be marked Exempt from Withholding by checking that box on the Partner Information (Screen 7 in Partnership module) or Shareholder Information (Screen 5 in S-Corporate module) screen.
How do I suppress Form IT-2658?
Partnership
- Go to Screen 37, Miscellaneous Information.
- Select New York Miscellaneous Information in the St. Misc. Info. box in the left navigation panel.
- Scroll down to the Form IT-2658 / CT-2658 subsection.
- Mark the checkbox labeled Suppress.
S-Corporate
- Go to Screen 42, Miscellaneous.
- Select New York State in the St. Misc. box in the left navigation panel.
- Mark the checkbox labeled Suppress Form IT-2658.
How do I force the entire estimated amount to be paid with the first quarterly voucher?
Select the applicable module below for instructions.
Partnership
- Go to Screen 37, Miscellaneous Information.
- Select New York Miscellaneous Information in the St. Misc. Info. box in the left navigation panel.
- Scroll down to the Form IT-2658 / CT-2658 subsection.
- Mark the checkbox labeled Pay all estimates with first quarter voucher.
S-Corporate
- Go to Screen 42, Miscellaneous.
- Select New York State in the St. Misc. box in the left navigation panel.
- Mark the checkbox labeled Pay all estimates with first quarter voucher (Form IT-2658).