Get Mta 305

The MTA 305 is the Employer’s Quarterly Metropolitan Commuter Transportation Mobility Tax Return form required by the New York State Department of Taxation and Finance. This guide will provide you with a clear and structured approach to completing the MTA 305 online, ensuring that you have all necessary information and steps at your fingertips.

Follow the steps to complete your MTA 305 online form effectively.

1. Click the ‘Get Form’ button to obtain the MTA 305 form and open it in your editing tool.
2. Begin filling out the form by entering your legal name and employer identification number (EIN) at the designated fields.
3. Provide your complete address, including the street number, rural route (if applicable), city, state, and ZIP code. If your address has changed, mark the box indicating an address change.
4. Indicate the quarter for which you are filing by marking an ‘X’ in the appropriate box. You will also need to enter the last two digits of the tax year.
5. Enter the total number of employees whose wages are included in the payroll expense for the quarter.
6. If applicable, enter your 2-character special condition code.
7. If you have permanently ceased paying wages subject to the Metropolitan Commuter Transportation Mobility Tax (MCTMT), enter the cessation date in the specified format (MMDDYYYY).
8. Report your payroll expense subject to the MCTMT in the corresponding box.
9. Calculate the MCTMT due for the quarter by multiplying your payroll expense (line 1) by .34% (0.0034) and record this amount.
10. If you have any total PromptTax program payments or overpayments applied from the previous quarter, enter that amount.
11. Subtract any previous payments from your current MCTMT due to determine the total amount due, making sure that if the MCTMT due exceeds previous payments, you pay that amount.
12. If you have overpaid, calculate the total amount overpaid and mark an ‘X’ in the relevant box to indicate whether you wish to receive a refund or apply the credit to the next quarter.
13. Sign the return certifying that all information provided is true, correct, and complete, and fill out the preparer's section if applicable.
14. Once all fields are completed, save your changes, and use the options to download, print, or share the form as needed.

Begin filling out your MTA 305 online today for a seamless submission experience.