Get For Office Use Only New York State Department Of Taxation And Finance It-203-s , And Ending - Tax Ny

This guide provides clear, step-by-step instructions on how to fill out the For Office Use Only New York State Department of Taxation And Finance IT-203-S form online. Designed for New York S corporations electing to file a group return for nonresident shareholders, this guide will help ensure your form is completed accurately.

Follow the steps to successfully complete the form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter the special New York State identification number in the designated field. Ensure that this number is current and accurate for processing.
3. Fill in the legal name of the business as stated in your official documents. It is important that this name matches the name used for tax purposes.
4. If your business operates under a different trade name, enter it in the appropriate field. Otherwise, leave this blank.
5. Specify the principal business activity by selecting from the options provided. This helps in categorizing the type of business for tax purposes.
6. Provide the complete address of the business. This must include the number and street or rural route, along with the city, state, and ZIP code.
7. Indicate the date the business started. This date should reflect when the business was established or registered.
8. Before filling lines 1 through 5, complete Form IT-203-S-ATT and attach it to the back of the IT-203-S form.
9. For line 1, input the New York State taxable income as calculated on Form IT-203-S-ATT, column K total.
10. For line 2, enter the total New York State tax from Form IT-203-S-ATT, column L total.
11. Line 3 should reflect the New York State estimated tax paid or the amount paid with Form IT-370, coming from Form IT-203-S-ATT, column M total.
12. For line 4, calculate the balance due by subtracting line 3 from line 2 if line 2 is greater. Remember, do not send cash, and ensure you make checks payable to NY State Income Tax.
13. If line 3 is greater than line 2, enter the overpaid amount that will be applied to the 2001 estimated tax on line 5.
14. The preparer must provide their signature and address in the appropriate section at the bottom of the form. If self-employed, check the designated box.
15. Lastly, ensure the completed form is mailed to New York State Income Tax, W A Harriman Campus, Albany NY 12227.

Complete your IT-203-S form online to ensure accurate and timely filing.