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Get Nyc Dof Nyc-3l 2021-2025

To be filed by S Corporations only. All C Corporations must file Form NYC2, NYC2S or NYC2A2021For CALENDAR YEAR 2021 or FISCAL YEAR beginning 2021 and ending NameName ChangeIn Care Of Address (number.

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The penalty charge is: 5% of the tax due for each month (or part of a month) the return is late, up to a maximum of 25%

The New York City PTET tax rate is 3.876%. An eligible partnership or LLC is an entity with at least one New York City resident partner or member. An eligible S corporation must have only New York City resident shareholders. The New York City PTET is applicable only to city resident partners, members, or shareholders.

NYC-3L - General Corporation Tax Return. Download Instructions. Download General Corporation Tax Worksheet - You must attach this worksheet to amended returns reporting changes or corrections to taxable income or other bases of tax by the IRS or New York State DTF.

Alternative tax base — 8.85 percent of 15 percent of net income + the amount of compensation paid to any individual who owned more than 5 percent of the payer's capital stock. A minimum tax based on the tax year.

PTE elective tax calculation The elective tax is 9.3% of the entity's qualified net income, which is the sum of the pro rata or distributive share and guaranteed payments of each qualified taxpayers' income subject to California personal income tax.

A PTET credit offsets all taxes computed and reported on New York State personal income tax Forms IT-201, IT-203, and IT-205. If the PTET credit exceeds the tax due for the tax year, the excess credit will be refunded without interest.

This tax is in addition to any other taxes imposed on the entity under the Tax Law. The NYC PTET is equal to 3.876% of the NYC PTE taxable income. An electing entity is not required to make any estimated tax payments for the NYC PTET for the 2022 year.

For Partnerships and S corporations You must complete Schedule PTE, Pass-Through Entity Tax, if you are a partnership or S corporation that is electing to pay income tax at the entity level on behalf of your owners. You must make the election by the due date or extended due date of the entity's income tax return.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232