Get 2017 Ny Form Dtf 686

Filling out the 2017 NY Form DTF 686 online can streamline the process of reporting transactions and requesting determinations. This guide provides clear steps to help you navigate each section of the form with confidence.

Follow the steps to complete the form accurately and efficiently.

1. Click the ‘Get Form’ button to download the form and open it for editing.
2. Enter the tax period details at the top of the form, specifying both the beginning and ending dates. This information is essential for the proper processing of your reportable transaction.
3. Fill in your name as shown on your tax return, along with your taxpayer identification number. If applicable, include your spouse’s name and identification number.
4. Provide your mailing address, including city, state, and ZIP code. Also, enter your email address for any communications regarding your submission.
5. In section A and B, mark an X in the appropriate boxes if you are making a protective disclosure or requesting a determination.
6. Indicate the initial year you participated in the transaction, and specify the name of the New York reportable transaction.
7. Identify the type of reportable transaction by marking the applicable boxes under section 2, which include options for listed transactions and transactions with contractual protection.
8. If applicable, provide details about the entity through which you participated in the transaction, including its name, type, and employer identification number.
9. List any individuals or entities to whom you paid a fee regarding the transaction in section 5, along with their identifying numbers and mailing addresses.
10. Detail the type of tax benefits generated by the transaction in section 6, checking all relevant boxes and elaborating on the expected benefits and your investment participation.
11. In section 7, identify all tax-exempt, foreign, and related entities involved in the transaction, including their names and addresses. Be sure to describe their involvement.
12. After completing the form, review all entries for accuracy before saving your changes, downloading the form or printing it for submission. You may also share the form as required.

Complete your documents online today by following this guide.