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For fiscal years beginning in 2017 or for calendar year

For fiscal years beginning in 2017 or for calendar year-2025

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The document provides detailed instructions for filing Form NYC-3L, the General Corporation Tax Return for Subchapter S Corporations and Qualified Subchapter S Subsidiaries in New York City for the fiscal year 2017. It outlines eligibility criteria, filing requirements, payment methods, recent tax law changes, and specific guidelines for various deductions and credits. The document emphasizes that only certain corporations should use this form while others must file different forms. It also includes information on penalties for late payments, amendments to returns, and additional required forms.

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Versions	Form popularity	Fillable & printable
2022	4.8 Satisfied (25 Votes)
2021	4.8 Satisfied (49 Votes)
2020	4.2 Satisfied (59 Votes)
2019	4.3 Satisfied (105 Votes)
2018	4.3 Satisfied (65 Votes)
2018	4.1 Satisfied (79 Votes)
2017	3.7 Satisfied (28 Votes)
2013	4.3 Satisfied (139 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Should I use a calendar year or fiscal year?

Calendar years are easier for tax reporting because they fall in line with the IRSs own systems. While fiscal years can be used, they require more complex auditing and accounting. A fiscal year keeps income and expenses together on the same tax return, while a calendar year splits them into two.

When did the new fiscal year start?

Every year, the U.S. Congress begins work on a federal budget for the next fiscal year. The federal governments fiscal year runs from October 1 of one calendar year through September 30 of the next.

What are the correct dates for a fiscal year?

Federal government The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as FY25 or FY2024-25, which began on 1 October and will end on 30 September.

What is fiscal year 2019?

A fiscal year starting on July 1, 2018, and ending on June 30, 2019, refers to the fiscal year 2019, or FY 2019. The federal governments fiscal year goes from October 1 through September 30. Fiscal year-end is the end of a fiscal year.

Are taxes based on fiscal year or calendar year?

Generally, taxpayers filing a version of Form 1040 use the calendar year. An individual can adopt a fiscal year if the individual maintains his or her books and records on the basis of the adopted fiscal year. Fiscal year comprises 12 full months, but not in the same calendar year.

When did fiscal year 2018 start?

The United States federal budget for fiscal year 2018, which ran from October 1, 2017, to September 30, 2018, was named America First: A Budget Blueprint to Make America Great Again. It was the first budget proposed by newly elected president Donald Trump, submitted to the 115th Congress on March 16, 2017.

What is the fiscal year time frame?

Fiscal year 12 consecutive months ending on the last day of any month except December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month.

For fiscal years beginning in 2017 or for calendar year-2025

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