Nyc form nyc 245 2012-2026

See details

4 out of 5

31 votes

The document is the Activities Report of Corporations (Form NYC-245) required by the New York City Department of Finance for corporations claiming exemption from the General Corporation Tax. It outlines the necessary information to be provided by corporations, including operational details, business activities in New York City, and conditions under which they may be exempt from tax. The form must be filed annually and includes instructions on eligibility, filing deadlines, and requirements for claiming refunds.

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.

How to use or fill out nyc form nyc 245 2012 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by filling in the corporation's name and Employer Identification Number (EIN) at the top of the form. Ensure that all information is accurate to avoid processing delays.
Indicate whether your corporation has ceased operations or if you are claiming an overpayment by checking the appropriate boxes.
Complete the sections regarding your business activities in New York City, including locations and nature of activities. Be thorough, as this information is crucial for tax assessments.
List any officers, agents, and representatives in NYC along with their residence addresses. Attach a detailed description of their duties as required.
Answer all yes/no questions regarding property ownership and business activities in NYC. If applicable, attach additional schedules providing full details.
Finally, certify the report by signing it as an officer of the corporation and mail it to the specified address provided on the form.

Start using our platform today for free to streamline your document editing and form completion!

See more nyc form nyc 245 2012 versions

We've got more versions of the nyc form nyc 245 2012 form. Select the right nyc form nyc 245 2012 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.9 Satisfied (35 Votes)
2021	4.8 Satisfied (118 Votes)
2020	4.4 Satisfied (53 Votes)
2019	4.3 Satisfied (66 Votes)
2018	4.3 Satisfied (84 Votes)
2017	3.7 Satisfied (30 Votes)
2016	4.2 Satisfied (49 Votes)
2015	4 Satisfied (38 Votes)
2014	4 Satisfied (31 Votes)
2012	4 Satisfied (31 Votes)
2011	4.4 Satisfied (70 Votes)

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.

Who must file a New York corporate tax return?

If your business is incorporated in New York State or does business or participates in certain other activities in New York State, you may have to file an annual New York State corporation tax return to pay a franchise tax under the New York State Tax Law.

What is the general corporation tax in New York?

A minimum tax based on the S corporations NYC gross receipts which is determined as follows: $100,000 or less = $25 minimum tax. More than $100,000 but not more than $250,000 = $75. More than $250,000 but not more than $500,000 = $175.

Who is subject to NYC corporation tax?

Who has to pay this tax? Corporations that do business, employ capital, or own or lease property, or maintain an office in the city in a corporate or organized capacity must pay this tax.

Who is subject to NYC general corporation tax?

All domestic and foreign S corporations and qualified S subsidiaries in New York City that are: Doing business; Employing capital; Owning or leasing property, in a corporate or organized capacity; or.

What is form NYC 245?

What is NYC DoF NYC-245? NYC DoF NYC-245 is a form required by the New York City Department of Finance for property owners to report various information related to their properties, including assessments and any changes in ownership or use.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

Who is subject to NYC UBT?

What activities are subject to this tax? Unincorporated businesses include trades, professions, and certain occupations of an individual, partnership, limited liability company, fiduciary, association, estate, or trust.

What is the economic nexus threshold for NY income tax?

Economic Nexus Standard Effective for 2022. For tax years beginning on or after January 1, 2022, the Administrative Code now provides that corporations deriving receipts of $1 million or more from New York City sources will be subject to the business corporation tax.

Who is subject to NYC tax?

As a resident, you pay state tax (and city tax if a New York City or Yonkers resident) on all your income no matter where it is earned. As a nonresident, you only pay tax on New York source income, which includes earnings from work performed in New York State, and income from real property located in the state.

Nyc form nyc 245 2012-2026

Here's how it works