Home
Forms Library
Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024

Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024-2025

Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024 Preview on Page 1

Show details

4.9 out of 5

21 votes

The document is a New York State Corporation Franchise Tax Return (Form CT-3) for the tax year beginning January 1, 2024. It includes sections for general corporate information, calculations of business income and capital taxes, and details on tax credits claimed. The form requires corporations to report their financial activities, tax liabilities, and any applicable exemptions or deductions while ensuring compliance with state tax laws.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to modify Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024 in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting documents with our feature-rich and intuitive PDF editor is simple. Make the steps below to complete Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024 online easily and quickly:

Log in to your account. Sign up with your credentials or register a free account to try the product prior to upgrading the subscription.
Upload a form. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024. Effortlessly add and highlight text, insert images, checkmarks, and symbols, drop new fillable fields, and rearrange or delete pages from your document.
Get the Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024 completed. Download your updated document, export it to the cloud, print it from the editor, or share it with other people through a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to quickly handle your paperwork online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

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

Do you have to pay the $800 California S corp fee every year?

Also, all LLCs and S Corps must pay a minimum franchise tax of $800 annually, except for the first year. Your business will be required to pay these taxes in advance four times per year in the form of estimated corporate taxes. For more details, check out the Instructions for Form 100-ES.

Is the $800 LLC fee tax deductible?

Is the limited liability company fee deductible? Generally, the limited liability fee is considered a deductible ordinary and necessary business expense.

How do I pay my $800 corporation fee?

California Franchise Tax Board (FTB) - Online Payment Instructions - Estimated Tax Payment or Annual $800 for Corporations Go to Pay | FTB.ca.gov. Under Make a Payment, choose Bank Account. Under the business column, click on Use Web Pay Business. Enter Corporation for entity type. Enter entity ID.

Why am I being charged a franchise tax?

A franchise tax must be paid by enterprises that wish to conduct business in certain states. Franchise tax applies to corporations, partnerships, and many limited liability companies but does not apply to fraternal organizations, non-profits, and some limited liability corporations.

What is the CT3 tax form?

Corporate tax filing requirements All New York C corporations subject to tax under Tax Law Article 9-A must file using the following returns, as applicable: Form CT-3, General Business Corporation Franchise Tax Return.

How do I pay $800 minimum franchise tax for an S Corp?

The California Minimum Franchise Tax of $800 will be automatically calculated for applicable corporate and S corp returns on CA Form 100, page 2, line 23 or CA Form 100S, page 2, line 21. The amount due for the current return can be paid via the PMT screen or with voucher CA 3586-V.

Who must file NY CT 3?

Form CT-3-M, General Business Corporation MTA Surcharge Return, must be filed by any corporation taxable under Article 9-A that does business, employs capital, owns or leases property, maintains an office, or derives receipts from activity, in the Metropolitan Commuter Transportation District (MCTD).

What is the minimum franchise tax for an S corp?

S corporations are subject to the annual $800 minimum franchise tax.

Form CT-3 General Business Corporation Franchise Tax Return Tax Year 2024-2025

Here's how it works