Form Ct-43.1 - Claim For Refund Of Unused Special Additional Mortgage Recording Tax Credit - 1998
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1
2New York State Department of Taxation and Finance
CT-43.1
Claim for Refund of Unused
Special Additional Mortgage
□
1998 calendar yr. filers, check box
Recording Tax Credit
Other filers enter tax period:
Tax Law — Article 9-A
beginning
Do not use this form if you file Form CT-43.
ending
Name
Employer identification number
File number
Please read instructions.
This form must be attached to Form CT-3, Form CT-3-A, Form CT-3-S, or Form CT-3-S-A.
1 Unused special additional mortgage recording tax credit required to be carried forward
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
(see instructions)
2
2 Special additional mortgage recording tax due and paid during the 1998 tax year . . . . . . . . . . . . . . . . . . . . . .
3
3 Total unused special additional mortgage recording tax credit available
. . . . . . . . . . . . . . .
(add lines 1 and 2)
●
4
4 Special additional mortgage recording tax used this period
. . . . . . . . . . . . . . . . . . . . . .
(see worksheet on back)
5 Refundable portion of the special additional mortgage recording tax credit
. . . . . . . . . . . . . .
5
(see instructions)
If you have prepaid the minimum tax and MTA surcharge, if applicable, STOP here and enter the line 5 amount on Form CT-3,
line 99; Form CT-3-A, line 100; Form CT-3-S, line 54, or Form CT-3-S-A, line 64.
6 Amount of unpaid tax
(higher of tax on minimum taxable income
. . . . . . . . . . . . . . . . . . . . . . . . .
6
base or fixed dollar minimum tax; see instructions )
7
7 Amount of unpaid MTA surcharge. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
8 Add lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
●
. . . . . . . . . . . . . . . . . 9
9 Balance of refundable special additional mortgage recording tax credit
(see instructions)
Instructions
Interest will not be paid on this refund.
Do not file Form CT-43, Claim for Special Additional
Mortgage Recording Tax Credit, if you are claiming a
This claim is subject to audit before the refund can be
refund on Form CT-43.1.
issued. You will be asked to provide additional information
to verify the amount of tax paid.
General Information
Reporting Period
If you are a calendar-year filer, check the box in the upper
For taxable years beginning on or after January 1, 1994,
right corner above.
residential mortgage borrowers who borrow from an exempt
organization and residential mortgage lenders taxable under
If you are a fiscal-year filer, complete the beginning and
Article 9-A, including S corporations, may request a refund
ending tax period boxes in the upper right corner above.
of excess special additional mortgage recording tax credit
on Form CT-43.1 instead of carrying it over to the following
Line Instructions
tax year. Taxpayers claiming a credit for special additional
mortgage recording tax due and paid during tax years
Line 1
Enter the balance of the carryforward which is
beginning on or after January 1, 1994, pursuant to section
derived from any special additional mortgage
253.1-a, on mortgages of real property that have been or
recording tax due and paid during tax years
will be principally improved by one or more structures
beginning on or after January 1, 1990, and
containing a total of not more than six residential dwelling
before January 1, 1994. This amount may not be
units, each with its own separate cooking facilities, may
refunded.
elect to treat any unused portion of the tax credit as an
overpayment of tax to be refunded. This refund provision
If you have a carryforward balance which is
applies to Article 9-A taxpayers only. For additional
derived from a tax year other than indicated
information, see TSB-M-94(4)C.
above, it may be refunded. Include such amount
with your current year’s credit on line 2 and
The special additional mortgage recording tax credit is
attach a statement indicating the tax year and
not allowed for residential mortgages recorded on or
balance carried forward. You may not carry
after May 1, 1987, if the real property is located in Erie
forward any credits derived from tax years
County or one of the counties within the Metropolitan
beginning before January 1, 1986.
Commuter Transportation District (Chapters 13 and 59
No carryforward is available to S corporations.
of the Laws of 1987).
CT-43.1
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