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CT-3M/4M-I (1998) (back)

Negative amounts, if any, should be shown in parentheses.

Line 9

If you underpaid your estimated MTA surcharge, use

Form CT-222, Underpayment of Estimated Tax by a

Reporting Period

Corporation , to compute the penalty. Attach Form CT-222,

If you are a calendar year ﬁler, check the box in the upper right

check the box and enter the amount of penalty on this line. If

corner on the front of the form.

no penalty is due, enter ‘‘0’’.

If you are a ﬁscal year ﬁler, complete the beginning and ending

tax period boxes in the upper right corner on the front of the

Line 13

form.

You may divide your overpayment in any way you choose on

lines 14, 15, and 16.

Line A — Make your payment in United States funds. A

foreign check or foreign money order will only be accepted if

Collection of debts from your refund — We will keep all or

payable through a United States bank or if marked Payable in

part of your refund if you owe a past-due legally enforceable

U.S. Funds.

debt to the Internal Revenue Service or a New York State

agency. This includes any state department, board, bureau,

Computation of MTA Surcharge

division, commission, committee, public authority, public beneﬁt

Line 1

corporation, council, ofﬁce, or other entity performing a

For tax years beginning before July 1, 1998 —

governmental or proprietary function for the state or a social

services district. Any amount over your debt will be refunded.

Enter the franchise tax, computed on your return from:

Form CT-3, line 82, or

Form CT-3-A, line 84, or

If you have any questions about whether you owe a past-due

Form CT-4, line 34

legally enforceable debt to the Internal Revenue Service or a

state agency, contact the IRS or that particular state agency.

For tax years beginning after June 30, 1998, and before

July 1, 1999 —

Tax based on entire net income base or capital base —

For New York State tax liabilities only call 1 800 835-3554

Enter the amount from:

(outside the U.S. and Canada call (518) 485-6800) or write to

NYS TAX DEPARTMENT, TAX COMPLIANCE DIVISION,

Form CT-3, line 82, or

Form CT-3-A, line 84, or

W A HARRIMAN CAMPUS, ALBANY NY 12227.

Form CT-4, line 34

Tax based on minimum taxable income base — Although

Schedule A — Computation of MCTD

the tax rate on minimum taxable income is reduced from

Allocation Percentage

3.5% to 3.25%, the MTA surcharge must still be computed

— If you do all of your New York State business within the 12

as if the tax rate were still 3.5%. If you paid the tax on the

counties of the MCTD, enter 100% on line 2. Do not complete

minimum taxable income base at the rate of 3.25%,

Schedule A.

complete the following worksheet:

— If you do part of your business outside of the MCTD, but

not outside of New York State, compute your MCTD allocation

a. Enter minimum taxable income from

by completing this schedule. Use the same instructions used in

Form CT-3, line 70; CT-4, line 26; or CT-3-A,

Form CT-3-I, Instructions for Form CT-3 , Schedule A, or

line 70. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CT-3-A-I, Instructions for Forms CT-3-A, CT-3-A/ATT and

.035

b. As if rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CT-3-A/B , lines 118 through 163 of Form CT-3-A. When

c. Multiply line a by line b; enter result here and

reading the instructions, substitute New York State for

on line 1 of Form CT-3M / 4M . . . . . . . . . . . . . . . . .

Everywhere and MCTD for New York State .

— If you claimed a business allocation percentage on

Tax based on ﬁxed dollar minimum tax — If your

Form CT-3, Schedule A, or CT-3-A, enter the New York State

corporation paid the ﬁxed dollar minimum tax of $100, enter

ﬁgures from that form in Schedule A, Column B, of

$325 on line 1. Otherwise, enter the ﬁxed dollar minimum tax

Form CT-3M/4M. When reading the instructions, substitute

originally computed.

New York State for Everywhere and MCTD for New York State .

Line 2

Part I – The MCTD allocation is determined by averaging the

Complete the appropriate part of Schedule A and enter your

percentages of the corporation’s property, receipts and wages

MCTD allocation percentage from line 35, line 43, or line 45.

that apply to the MCTD.

Line 5b

Part II – The MCTD allocation is determined by averaging the

Enter 25% (.25) of the amount on line 4, if:

percentages of the corporation’s arrivals and departures,

— you did not ﬁle Form CT-5 or CT-5.3, and,

revenue tons handled and originating revenue that apply to the

— the franchise tax on Form CT-3, CT-4, or CT-3-A is more

MCTD.

than $1,000.

Enter ‘‘0’’ if:

Part III – The MCTD allocation is determined by dividing the

— you did not ﬁle Form CT-5 or CT-5.3, and,

trucking or railroad corporation’s total revenue miles within the

— the franchise tax on Form CT-3, CT-4 or Form CT-3-A is not

MCTD by the total revenue miles within New York State.

more than $1,000.

(Exclude nonrevenue miles, such as deadheading miles.)

Instructions For Form Ct-3m/4m - General Business Corporation Mta Surcharge Return - 1998 Page 2

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