Form Nyc 202s - Unincorporated Business Tax Return For Individuals

Form NYC-202S 2008

Page 2

Name:___________________________________________________________________________ SSN: _________________________________________

Computation of Total Income

SCHEDULE B

Items of business income, gain, loss or deduction

1. Net profit (or loss) from business, as reported for federal tax purposes

from federal Schedule C or C-EZ ............................................................................................................

2. Other business income (or loss) (see instructions) ..................................................................................

3. Income taxes and unincorporated business tax paid this year and deducted on federal return ................

4. Total income (combine lines 1, 2 and 3) .....................................................................................................

5. Less: Charitable contributions (not to exceed 5% of line 4) (see instructions) ...........................................

6. Balance (line 4 less line 5) ..........................................................................................................................

Business Tax Credit Computation

3. If the amount on page 1, line 6, is over $1,800 but less than $3,200,

1. If the amount on page 1, line 6, is $1,800 or less, your credit on line 7

your credit is computed by the following formula:

is the entire amount of tax on line 6. (NO TAX WILL BE DUE.)

___________

(

)

2. If the amount on page 1, line 6, is $3,200 or over, no credit is

Amount on pg. 1, line 6 X

$3,200 minus tax on line 6

$1,400

your credit

allowed. Enter “0” on line 7.

SCHEDULE C

The following information must be entered for this return to be complete.

1. Nature of business or profession: _____________________________________________________________________________________

2. Did you file a New York City Unincorporated Business Tax Return for the following years:

2006

YES

I I

2007

YES

I I

If “NO,” state reason: ______________________________________________________________________________________________

3. Enter home address: __________________________________________________________________________ Zip Code: ___________

4. If business terminated during the current taxable year, state date terminated. (mm-dd-yy) ________ - _______ - _______

(Attach a statement showing disposition of business property.)

5. Has the Internal Revenue Service or the New York State Department of Taxation and Finance increased or decreased any taxable income

YES

(loss) reported in any tax period, or are you currently being audited? .......................

I I

If "YES", by whom?

State period(s): Beg.:________________ End.:________________

Internal Revenue Service

I I

State period(s): Beg.:________________ End.:________________

New York State Department of Taxation and Finance

YES

6. Has Form NYC-115 (Report of Federal/State Change in Taxable Income) been filed? ..........................................................

I I

PREPAYMENTS CLAIMED ON SCHEDULE A

LINE

DATE

AMOUNT

A. Payment with declaration, Form NYC-5UBTI (1) .........................................

B. Payment with Notice of Estimated Tax Due (2) ............................................

C Payment with Notice of Estimated Tax Due (3) ............................................

D. Payment with Notice of Estimated Tax Due (4) ............................................

E. Payment with extension, Form NYC-EXT .....................................................

F. Overpayment credited from preceding year .................................................

G. TOTAL of A, B, C, D, E, F (enter on Schedule A, line 9) .................................

MAILING INSTRUCTIONS

To receive proper credit, you must enter your correct Social Security Number on your tax return and remittance.

Make remittance payable to the order of: NYC DEPARTMENT OF FINANCE. Payment must be made in U.S. dollars, drawn on a U.S. bank.

RETURNS CLAIMING REFUNDS

ALL OTHER RETURNS

RETURNS WITH REMITTANCES

NYC DEPARTMENT OF FINANCE

UNINCORPORATED BUSINESS TAX

P.O. BOX 5050

P.O. BOX 5060

P.O. BOX 5040

KINGSTON, NY 12402-5050

KINGSTON, NY 12402-5060

KINGSTON, NY 12402-5040

The due date for the calendar year 2008 is on or before April 15, 2009.

For fiscal years beginning in 2008, file on or before the 15th day of the fourth month following the close of the fiscal year.

61420891

Form Nyc 202s - Unincorporated Business Tax Return For Individuals - 2008 Page 2

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