New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Some returns that are 52/53 week year end may get rejected with code R1001. Per the tax practitioners guide, the liability period for a tax year cannot be more than 12 months for an electronically filed return. The dates for beginning and year end in the electronically filed return must be the standard 12-month formatting (1/1/18 to 12/31/18) in order to pass the New York schema validation.

The New York Department of Revenue and Taxation requests that 52/53 week taxpayers attach the following information to the return:

• The month in which the new 52/53 week year ends,
• The day of the week on which the tax year always ends,
• The date the tax years ends. It can either be the day that last occurs or nearest to the last day of the month in which the 52/53 week year ends.

This information can be attached in the general footnote on Screen NYGen, or any other acceptable PDF attachment.

Was this article helpful?

Yes No

Submit