Form Ct-3-S - New York S Corporation Franchise Tax Return

Form Ct-3-S - New York S Corporation Franchise Tax Return - 2014

Important

As a result of corporate tax reform, significant changes were made to the Tax Law.

For tax years beginning in 2015, including short periods, New York S corporation taxpayers

(including former Article 32 S corporation taxpayers who have not terminated their New York

S election) must file using the following form:

• 2015 Form CT-3-S, New York S Corporation Franchise Tax Return

Any return filed on an incorrect form, or on a form for the wrong year, will not be processed.

As a result, penalties and interest may be incurred. An exception to this rule applies to certain

New York S corporations filing for a short period beginning in 2015.

Guidance concerning this exception will be issued in the near future.

Click here

to open the corporate tax reform Web page

Form Ct-3-S - New York S Corporation Franchise Tax Return - 2014