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  • Nyc Dof Nyc-245 2022

Get Nyc Dof Nyc-245 2022-2025

REPORT DOES NOT CONSTITUTE THE FILING OF A RETURN n Business Corporation - File Federal Form 1120, n General Corporation - File Federal Form 1120S 1120C, 1120F, 1120-RIC, 1120-REIT or 1120H n Check box if the corporation has ceased operations n Check this box if you claim an overpayment. Refund Amount: $ For CALENDAR YEAR or FISCAL YEAR beginning and ending Name Change Name: n In Care o.

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How to fill out the NYC DoF NYC-245 online

Filling out the NYC DoF NYC-245 form is essential for corporations claiming a disclaimer of tax liability in New York City. This guide provides a step-by-step approach to ensure the accurate completion of the form, making the process straightforward for users with varying levels of experience.

Follow the steps to successfully complete the NYC-245 form.

  1. Press the ‘Get Form’ button to access the NYC-245 form and open it in your default editor.
  2. Indicate whether your corporation is a business or general corporation. Select the appropriate checkbox if your corporation has ceased operations or if you are claiming an overpayment, providing the refund amount if applicable.
  3. Enter the tax year for which you are filling out the form, either specifying a calendar year or providing fiscal year dates.
  4. Complete the sections for your corporation’s name, email address, employer identification number, address, business code number, and location of the executive or main office.
  5. List all of your corporation's offices and other places of business in New York City, indicating the nature of the activity and the date established.
  6. Provide details of your officers, agents, and representatives in New York City, including their names, residence addresses, and official titles.
  7. Specify the number of employees in New York City and provide a detailed list of their titles and duties on an attached rider.
  8. Indicate if your corporation qualifies for exemption from General Corporation Tax or Business Corporation Tax by checking the relevant boxes, along with any necessary documentation.
  9. Answer the series of questions related to your corporation's activities in New York City, ensuring to attach schedules with additional details if necessary.
  10. Certify the report by signing in the designated section, including your title and date.
  11. Once all fields are completed, you can save your changes, download, print, or share the NYC-245 form as needed.

Begin filling out your NYC DoF NYC-245 form online today!

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If your business is incorporated in New York State or does business or participates in certain other activities in New York State, you may have to file an annual New York State corporation tax return to pay a franchise tax under the New York State Tax Law.

Entire net income base — 8.85 percent of entire net income. Total capital base — 0.15 percent of business and investment capital. There are numerous variables to consider with this method.

(MFI) OF ESTIMATED TAX FOR CURRENT YEAR Corporations whose tax liability for the second preceding year ex- ceeds $1,000 are required to pay 25% of the tax liability for the second preceding year as a first installment of estimated tax for the current year (MFI).

NYC-2 - Business Corporation Tax Return. Download Instructions. Download Business 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.

For tax years beginning on or after January 1, 2015, a new corporate tax applies to corporations and banks, other than federal S-corporations, that do business in New York City. Starting in 2022, corporations that derive receipts of $1 million or more are also subject to tax.

NYC-245 / Activities Report of Corporations.

A C corporation filing federal Form 1120 must file Form NYC-2, Business Corporation Tax Return with the City of New York if the corporation does business, employs capital, owns or leases property, or maintains an office in the city. A corporate partner in a partnership is subject to the same requirement.

All city residents' income, no matter where it is earned, is subject to New York City personal income tax. Nonresidents of New York City are not liable for New York City personal income tax.

Who is Exempt from this Tax? Performing services as an employee is not subject to UBT. An owner, lessee, or fiduciary who is engaged in holding, leasing, or managing real property for their own account. Entities engaged primarily with qualifying investment activities are partially exempt from UBT on the income.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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