Get It-203-gr New York State Department Of Taxation And Finance Group Return For Nonresident Partners 1

The IT-203-GR is a crucial form utilized by partnerships to file a group return for nonresident partners in New York State. This guide is designed to assist users in filling out this form accurately and efficiently, ensuring compliance with state tax regulations.

Follow the steps to complete the form seamlessly.

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Begin by entering the calendar year or fiscal year at the top of the form, as applicable.
3. Provide the special New York State identification number, legal name, employer identification number, and trade name of the business, if different from the legal name.
4. Next, fill out the principal business activity, address, city or village, state, ZIP code, and the date the business started. Indicate the country if it is not the United States.
5. Mark the box if this is an amended return and list the applicable taxes being filed for, such as New York State income tax or Yonkers nonresident earnings tax.
6. Indicate the total number of nonresident partners included in this group return.
7. Before filling in lines 1-10, complete Forms IT-203-GR-ATT-A and IT-203-GR-ATT-B, which are Schedules A and B.
8. Enter the New York State taxable income on line 1, using the information from Schedule A, column H.
9. On line 2, enter the Yonkers taxable earnings taken from Schedule B, column F.
10. Calculate the New York State tax to be entered on line 3 from Schedule A, column I.
11. For line 4, enter the Yonkers nonresident earnings tax from Schedule B, column G.
12. Add lines 3 and 4 to determine the total tax, which you will enter on line 5.
13. On line 6, input the New York State estimated income tax paid, using information from Schedule A, column J.
14. Proceed to line 7 and enter the Yonkers estimated income tax paid, taken from Schedule B, column H.
15. Total the payments from lines 6 and 7, marking the result on line 8.
16. Check if there is a balance due by comparing lines 5 and 8; if line 5 exceeds line 8, subtract to find the balance due on line 9.
17. If line 8 is greater than line 5, calculate the amount overpaid and record it on line 10.
18. Ensure the paid preparer completes their section if applicable.
19. The group agent must also complete and sign the designated area, including their name and date.
20. Finally, review the entire document for accuracy, save your changes, and prepare to print or share the completed form.

Start filling out your IT-203-GR form online today for a seamless tax filing experience.