Instructions For Form It-370-Pf - Application For Automatic Extension Of Time To File For Partnerships And Fiduciaries - 1998

IT-370-PF-I (1998) (back)

Partnerships — A partnership that is required to file Form IT-204 and:

Line 6 – Fiduciaries enter the balance of tax due. This extension of

(1) fails to file that return on time, including any extensions of time, or

time to file does not extend the time to pay tax.

(2) files a return that is incomplete and fails to show the information

LLC/LLP Filing Fee – Limited liability companies, limited liability

required under section 658(c) will have to pay a penalty. The penalty

investment companies, and limited liability trust companies treated as

will be imposed for each month or part of a month, up to a maximum

partnerships, and limited liability partnerships enter the amount of the

of 5 months, that the failure continues. The amount of the penalty for

required filing fee from Form IT-204-LL. This extension does not

each month will be calculated by multiplying $50 by the total number

extend the time to pay the filing fee.

of partners in the partnership during any part of the partnership’s tax

year who were also subject to New York personal income tax during

How to Claim Credit for Payment Made with this Form

any part of the tax year. The penalty will not be charged if reasonable

Include the amount paid with this form, line 6, on Form IT-205, line 30.

cause for filing late is shown.

For more information, see the line instructions for Form IT-205.

Paid preparers — Paid preparers may be subject to a penalty for

Filing Form IT-372-PF —

failure to conform to certain requirements. For more information, see

If you have filed Form IT-370-PF or a

Penalties in the instructions for Form IT-204 or Form IT-205.

copy of federal Form 8736 and still need more time, use

Form IT-372-PF, Application for Additional Extension of Time to File for

Interest —

Interest will be charged on any income tax or filing fee

Partnerships and Fiduciaries, to request up to an additional three

that is not paid on or before the due date of your return, even if you

months to file. Except in case of undue hardship, we will not accept

received an extension of time to file your return. Interest is a charge

Form IT-372-PF if you do not first file Form IT-370-PF or a copy of

for the use of money and in most cases may not be waived. Interest is

federal Form 8736.

compounded daily and the rate is adjusted quarterly.

Line Instructions —

Name and address box – Enter the name,

Privacy Notification

address and employer identification number of the partnership,

The right of the Commissioner of Taxation and Finance and the

including limited liability companies treated as partnerships, limited

Department of Taxation and Finance to collect and maintain personal

liability partnerships, limited liability investment companies or fiduciary.

information, including mandatory disclosure of social security numbers

Failure to provide an identification number may invalidate this

in the manner required by tax regulations, instructions, and forms, is

extension. If the entity does not have an employer identification

found in Articles 22, 26, 26-A, 26-B, 30, 30-A, and 30-B of the Tax

number, enter do not have one . If the entity does not have an

Law; Article 2-E of the General City Law; and 42 USC 405(c)(2)(C)(i).

employer identification number but has applied for one, enter applied

for .

The Tax Department will use this information primarily to determine

and administer tax liabilities due the state and city of New York and

If this extension is requested for Form IT-205, you must enter an

amount on lines 1, 2, and 3 or your extension will be denied. You may

the city of Yonkers. We will also use this information for certain tax

offset and exchange of tax information programs authorized by law,

estimate, or, if you do not expect to owe tax, enter ‘‘0’’; but be as exact

and for any other purpose authorized by law.

as you can with the information you have. If we later find that your tax

was not properly estimated, the extension will not be allowed.

Information concerning quarterly wages paid to employees and

If the amounts on lines 1, 2, or 3 are underestimated, you may be

identified by unique random identifying code numbers to preserve the

subject to penalties.

privacy of the employees’ names and social security numbers will be

provided to certain state agencies for research purposes to evaluate

Line 1 – Enter on line 1 the amount of New York State tax liability for

the effectiveness of certain employment and training programs.

1998 (the amount the fiduciary expects to enter on Form IT-205,

line 14, when the return is filed).

Failure to provide the required information may result in civil or

criminal penalties, or both, under the Tax Law.

Line 2 – Enter on line 2 the amount of New York City tax liability for

1998 (the amount the fiduciary expects to enter on Form IT-205, lines

This information will be maintained by the Director of the Registration

22 through 25, when the return is filed).

and Data Services Bureau, NYS Tax Department, Building 8

Line 3 – Enter on line 3 the amount of Yonkers tax liability for 1998

Room 924, W A Harriman Campus, Albany NY 12227; telephone

(the amount the fiduciary expects to enter on Form IT-205, lines 26

1 800 225-5829. From areas outside the U.S. and outside Canada,

through 28, when the return is filed).

call (518) 485-6800.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tear here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

IT-370-PF (1998) (back)

In order to get this extension, you must pay in full the balance due with

I request an automatic three-month extension of time, to July 15, 1999 to

this form. Attach check or money order payable to NY State Income Tax ;

file the New York State return checked below for the calendar year 1998

write your employer identification number and 1998 Income Tax on your

(or to

, 19

,

remittance and staple it to the front of this form.

for the fiscal year ending

, 19

) :

If you are enclosing a payment with this extension request, mail Form

□

Form IT-204, Partnership Return. Do not complete lines 1 through

IT-370-PF with your payment to: Extension Request, PO Box 15106,

6. Limited liability companies (LLCs), limited liability investment

Albany, NY 12212-5106.

companies (LLICs), and limited liability trust companies (LLTCs)

treated as partnerships, and limited liability partnerships (LLPs),

If the balance due from line 6 on the front of this form is ‘‘0’’, mail

see instructions for LLC/LLP Filing Fee below.

Form IT-370-PF to: Extension Request - NR, PO Box 15105, Albany NY

12212-5105.

□

Form IT-205, Fiduciary Income Tax Return (including extensions

for city of New York Form NYC-206 and city of Yonkers Form

Private Delivery Services

Y-206, if required). See instructions.

The date recorded or marked by certain private delivery services, as

designated by the U.S. Secretary of the Treasury or the Commissioner of

Taxation and Finance, will be treated as a postmark, and that date will be

LLC/LLP Filing Fee — Attach your completed Form IT-204-LL to the

considered to be the date of delivery in determining whether your return

back of this form. If applicable, enter the LLC/LLP Filing Fee from Form

was filed on time. (Designated delivery services are listed in Publication

55, Designated Private Delivery Services .) If you use any private delivery

IT-204-LL and include a check or money order for the full amount of the

service, address your return to: State Processing Center, 431C

required filing fee payable to NYS LLC/LLP Fee ; write your employer

Broadway, Menands, NY 12204.

identification number and 1998 Filing Fee on the remittance and staple

Refer to your IT-204 or IT-205 instructions for Need Help? telephone

it to the front of this form . . . . . . . . . . . . . . . . . .

numbers.

This is a scannable form; please file this original with the Tax Department.

IT-370-PF 1998