Get Form It-2658-i:2019:instructions For Form It-2658: Report Of ...

This guide provides clear, step-by-step instructions on how to complete the Form IT-2658-I:2019 online. By following these instructions, you will be equipped to accurately fill out the form and report necessary information efficiently.

Follow the steps to complete the form accurately.

1. Click ‘Get Form’ button to access the form and open it in your online editor.
2. Begin by entering the legal name of the corporation in the designated field. This is crucial for proper identification.
3. Next, input the employer identification number (EIN). Ensure that this number is accurate to avoid any processing issues.
4. Proceed to Schedule A, where you will report any New York State modifications and credits. Each shareholder must include their pro rata share.
5. In Part 1, record the total shareholder modifications. For additions, fill out the corresponding lines with the necessary information, such as New York State franchise tax and federal depreciation deductions.
6. For subtractions, also complete the designated lines and attach any required explanations for other items, if applicable.
7. Move on to Part 2 to report total S corporation New York State credits. Be sure to provide accurate numbers for investments and any applicable attachments as specified.
8. Fill in the identifying information section for each shareholder on Schedule B. Make necessary photocopies if needed and mark an X in the identified box.
9. Review all entries carefully to ensure accuracy and completeness. This is important to minimize errors that could delay processing.
10. Once all sections are completed and verified, you can save changes, download the completed form, print it for your records, or share it as necessary.

Complete your documents online today for a smoother filing process.