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This return must be filed when the in New York State has increased since the last license fee report was filed. CT-3-S-I 2012 Page 3 of 12 Form CT-399 Depreciation Adjustment Schedule must be filed to compute the allowable New York State depreciation deduction if you claim 1 the federal accelerated cost recovery system ACRS depreciation or modified accelerated cost recovery system MACRS deduction for certain property placed in service after December 31 1980 or 2 a 30 /50 federal special deprec ...

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2021	4.8 Satisfied (101 Votes)
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Where do I mail NY CT-3?

No additional extension of time to file Form CT-3-S or Form CT-4-S will be granted beyond six months. Mail returns to: NYS Corporation Tax, Processing Unit, PO Box 1909, Albany NY 12201-1909.

How much do small businesses pay in taxes New York?

For many businesses, this tax ends up being somewhere around 6.5% of their business income earned in New York....Calculating fixed dollar minimum tax. Total New York receiptsFixed dollar minimum taxMore than $5,000,000 but not over $25,000,000$ 3,50011 more rows • Jan 11, 2022

Does NYS recognize S-corp?

If your shareholders have made an S election for federal purposes, you should be aware that New York State does not automatically treat your company as a New York S corporation unless you are mandated to file as an S corporation under Tax Law section 660(i).

Who Must File NYC 3L?

If you conduct business both inside and outside New York City and have subsidiary and/or investment capital, you'll need to file a General Corporation tax return, Form NYC-3L.

Who must file CT-3?

All business corporations subject to tax under Article 9-A, other than New York S corporations, must file franchise tax returns using Form CT-3, unless such corporations are required or permitted to file as members of a combined group (see Form CT-3-A).

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