Form Nyc-9.7c - Ubt Paid Credit Business Corporations

- 9.7C

U B T PA I D C R E D I T

2017

B U S I N E S S C O R P O R A T I O N S

Department of Finance

AT TA C H TO F O R M N Y C - 2 O R N Y C - 2 A

For CALENDAR YEAR 2017 or FISCAL YEAR beginning ____________________________ 2017 and ending ______________________________________

Name as shown on NYC-2 or NYC-2A :

EMPLOYER IDENTIFICATION NUMBER

SCHEDULE A

1. Add total of amounts from Schedule B, line 10, for all partnerships

with respect to which you are claiming a credit (see instructions) .....................................1.

2. Enter amount from Schedule C, line 9................................................................................2.

3. Total of 1 and 2. ..................................................................................................................3.

4. Tax from Form NYC-2 or NYC-2A, Schedule A, line 1 ............................................... 4.

5. Multiply line 4 by 4/______ (see instructions) ............................................................ 5.

6. UBT PAID CREDIT - Enter the lesser of line 3 and line 5 and transfer amount

to Form NYC-2, Schedule A, line 5 or Form NYC-2A, Schedule A, line 7 ............................ 6.

SCHEDULE B

A separate Schedule B must be completed for each partnership with respect to which you are claiming this credit.

If more than one Schedule B is used, please state number of additional schedules attached: _________

Name of partnership from which you received a distributive share or guaranteed payment (distributing partnership):

EMPLOYER IDENTIFICATION NUMBER OF DISTRIBUTING PARTNERSHIP

1. Unincorporated business tax paid by distributing partnership (from Form NYC-204, Sch. A, line 23) ...... 1.

2. Credits taken by distributing partnership on its own return (from Form NYC-204,

Schedule A, lines 20 and 22a through 22e) (see instructions) ........................................................... 2.

3. Total of lines 1 and 2 .......................................................................................................................... 3.

4. Distributive share percentage with respect to the distributing partnership

(from distributing partnership’s Form NYC-204, Schedule C. Attach copy) ...........................................4.

5. Multiply line 3 by the percentage on line 4............................................................................................. 5.

6. Tax from Form NYC-2 or NYC-2A, Schedule A, line1 (modified if necessary - see instructions) ......... 6.

7. Tax from pro forma Form NYC-2 or NYC-2A, Schedule A, line 1 (see instructions) ............................ 7.

8. Subtract line 7 from line 6 ..................................................................................................................... 8.

9. Multiply line 8 by 4/_______ (see instructions)...................................................................................... 9.

10. Enter lesser of line 5 and line 9 .......................................................................................................... 10.

SCHEDULE C

COMPLETE SCHEDULE C IF YOU HAVE UBT PAID CREDITS FROM PRECEDING YEARS THAT YOU MAY CARRY FORWARD TO 2018

APPLICABLE YEAR

COLUMN A

COLUMN B

COLUMN C

Credit Carryforward to 2018.

Credit Available in 2017

Column A Minus Column B

(if less than zero, enter “0”)