NY PARTNERSHIP - IT-204-LL doesn't seem to work

Forum|Forum|1 year ago
February 4, 2025
1 reply
8 views

Hello good people,

We have several NY partnerships, and we can't figure out how to e-file and pay the IT-204-LL form for NY State. There is a simple tax table based on gross receipts, but ProSeries 2024 does not seem to populate the appropriate fee. There is an error saying that the form is not active, to uncheck the form on the Federal Information Worksheet.

I tried searching for previous answers here, and can see that others have had issues, but I did not find a solution. Does anyone have any tips about how to handle this?

Thank you!

ProSeries Professional

I

IntuitMark304

Level 6

@brighton7tax

Sorry to hear you are having issues with the NY IT-204-LL payment form. Let me see if I can help you through your issues.

This calculation in the software needs to have a few inputs by the user in order to calculate the appropriate payment amount. First please review the section of the form above Part I: General Information. Is there a checkmark indicating if the entity is a general partnership or limited liability company (LLC)? If no checkmark is transferring then the program does not know what kind of partnership and what fee to assess on line 5 of the form. Review your entry on the federal Form 1065, page 2, line 1 to ensure the type of partnership has been entered.

Now let's assume you have a checkmark indicating this entity is a general partnership. If the user also checks yes to question 1 on the IT-204-LL and the entity's gross receipts are over $1 million on line 4, then a filing fee should populate on line 5.

If we assume that the entity is an LLC or LLP and the user checked yes to question 1 on the IT-204-LL, then the filing fee should populate on line 5. You should ensure gross receipts on line 4 are entered to be sure they correct fee is being applied.

Finally if we assume that the entity is an LLC or LLP and the user checked the disregarded entity box underneath the LLC/LLP checkbox, then the user would need to enter an EIN on line 6 of the form. Once the EIN or SSN is entered, then the filing fee should populate on line 7.

Hopefully this is helpful.

1

14string

Level 4

In the 2025 Pro Series tax program the IT 204 gross income sheet does not seem to be populating correctly with data from the Form 8825 anybody have a fix? I don't know if this will cause an issue next year when filing form IT-204LL?

I

IntuitMark304

Level 6

@14string

I reviewed the 2025 Form IT-204-LL and the transfer of the 2024 total gross rents form line 18a on the Federal Form 8825 appears to be working correctly.

Review the instructions for the IT-204-LL, the gross income worksheet is populated with prior year revenue, not current year. If the 2024 was not transferred to 2025 in the ProSeries software, no amounts will populate. You will need to complete the Source Gross Worksheet with the prior year gross income.

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