Get Form It-203-s-att: 2000, Group Return For Nonresident ... - Tax Ny

Filling out Form IT-203-S-ATT: 2000 is an essential step for nonresident shareholders of S corporations filing in New York. This guide provides clear, step-by-step instructions to ensure you complete the form accurately and efficiently online.

Follow the steps to effectively complete your tax form online.

1. Click ‘Get Form’ button to obtain the form and open it in your document editor.
2. Enter the legal name of the S corporation and the special New York State identification number in the designated fields at the top of the form.
3. List all nonresident shareholders who qualify and are participating in the New York State group return. You may attach additional IT-203-S-ATT forms as necessary.
4. In the shareholder section, fill in the names and social security numbers of the shareholders in either alphabetical order or by social security number.
5. Provide each shareholder's pro rata share of federal business income in the corresponding column.
6. Allocate the amount from column C to New York State and enter it in the appropriate column.
7. Fill in the shareholder's pro rata share of federal investment income and allocate that amount to New York State.
8. Calculate and enter the total of column D and column F (D + F) in the specified column.
9. Record each shareholder’s pro rata share of federal S corporation deductions and allocate to New York State.
10. Determine net amounts of New York additions and subtractions and record them as instructed.
11. Calculate New York taxable income by subtracting column I from column G and adding or subtracting column J.
12. Complete the calculation for New York State tax by multiplying column K by .0685.
13. Enter the New York State estimated tax paid and the balance due or any overpayment in the corresponding areas.
14. If you are filing more than one attachment, make sure to enter the grand totals from all attachments on only one attachment sheet and leave the other total boxes blank.
15. Once you have completed the form, save your changes, and prepare to download, print, or share your form as needed.

Complete your tax documentation online today for a smooth filing experience.