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Understanding and generating New York Form IT-2658/CT-2658 in Lacerte

SOLVED•by Intuit•53•Updated July 06, 2023

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.

Select the applicable tax type below for instructions.

  1. Go to Screen 7, Partnership Information.
  2. Scroll down to the Miscellaneous Info section.
  3. Set the Type of Entity to Individual.
    • Partnerships generate Form CT-2658 for Corporate partners.
  1. Go to Screen 5, Shareholder Information.
  2. Scroll down to the New York Information section.
  3. Set the Entity Status to Individual.

If the IT-2658-E is activated the IT-2658 won't generate.

Select the applicable tax type below for instructions.

  1. Go to Screen 32.1, Partner Miscellaneous Info.
  2. Scroll down to the New York Information section.
  3. Check the box for Print IT-2658-E or CT-2658-E for partner box for each partner that is eligible for the exemption.
  1. Go to Screen 46.091, New York Schedule K-1
  2. Scroll down to the 2024 Nonresident Individual Shareholders Only (IT-2658) section.
  3. Check the box for Print IT-2658-E for shareholder.

Select the applicable tax type below for instructions.

  1. Go to Screen 7, Partnership Information.
  2. Scroll down to the Miscellaneous Info section.
  3. Set the Type of Entity to Corporation.
  1. Go to Screen 5, Shareholder Information.
  2. Scroll down to the New York Information section.
  3. Set the Entity Status to Corporation.

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.

  1. Go to Screen 37, Miscellaneous Information.
  2. Select New York Miscellaneous Information in the St. Misc. Info. box in the left navigation panel.
  3. Scroll down to the Form IT-2658 / CT-2658 subsection.
  4. Mark the checkbox labeled Suppress.
  1. Go to Screen 42, Miscellaneous.
  2. Select New York State in the St. Misc. box in the left navigation panel.
  3. Mark the checkbox labeled Suppress Form IT-2658.

Select the applicable module below for instructions.

  1. Go to Screen 37, Miscellaneous Information.
  2. Select New York Miscellaneous Information in the St. Misc. Info. box in the left navigation panel.
  3. Scroll down to the Form IT-2658 / CT-2658 subsection.
  4. Mark the checkbox labeled Pay all estimates with first quarter voucher.
  1. Go to Screen 42, Miscellaneous.
  2. Select New York State in the St. Misc. box in the left navigation panel.
  3. Mark the checkbox labeled Pay all estimates with first quarter voucher (Form IT-2658).

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