Form Ct 4 Tax PDF Details

Form Ct 4 Tax is a form you will need to file when you are self-employed. This form allows you to report the income and expenses of your business. There are specific requirements that must be met in order to file this form, so it is important to understand what is involved. In this blog post, we will discuss the requirements for Form Ct 4 Tax and provide some tips on how to complete the form. We hope this information will help you as you prepare your tax return.

Here is the data about the form you were looking for to fill out. It will show you the time it will require to finish form ct 4 tax, what parts you will need to fill in, and so on.

QuestionAnswer
Form NameForm Ct 4 Tax
Form Length4 pages
Fillable?Yes
Fillable fields237
Avg. time to fill out24 min 14 sec
Other names318925, what is form 318925 2020, ct 4 tax form, what is form 318925

Form Preview Example

CT-4

New York State Department of Taxation and Finance

General Business Corporation Franchise

 

Tax Return Short Form

 

Tax Law — Article 9-A

 

All filers must enter tax period:

Final return

 

 

Amended return

 

 

beginning

 

 

 

 

(see instructions)

 

 

 

 

ending

Employer identiication number (EIN)

File number

Business telephone number

()

If you claim an overpayment, mark an X in the box

 

Legal name of corporation

 

 

 

 

Trade name/DBA

 

 

 

 

 

 

 

 

 

 

Mailing name (if different from legal name above)

 

 

 

 

State or country of incorporation

Date received (for Tax Department use only)

 

c/o

 

 

 

 

 

 

 

Number and street or PO box

 

 

 

 

Date of incorporation

 

 

 

 

 

 

 

 

 

 

City

State

 

 

ZIP code

Foreign corporations: date began

 

 

 

 

 

 

 

business in NYS

 

 

 

 

 

 

 

 

 

 

NAICS business code number (from NYS Pub 910)

If address/phone

 

 

If you need to update your address or phone

Audit (for Tax Department use only)

 

 

above is new,

 

 

 

 

 

mark an X in the box

 

 

information for corporation tax, or other tax

 

 

 

 

 

 

types, you can do so online. See Business

 

 

NYS principal business activity

 

 

 

 

 

 

 

 

 

information in Form CT-1.

 

 

 

 

 

 

 

 

 

See Form CT-3/4-I, Instructions for Forms CT-4, CT-3, and CT-3-ATT, before completing this return.

Metropolitan transportation business tax (MTA surcharge)

During the tax year did you do business, employ capital, own or lease property, or maintain an ofice in the Metropolitan Commuter Transportation District (MCTD)? If Yes, you must ile Form CT-3M/4M. The MCTD includes the counties of New York, Bronx, Kings, Queens, Richmond, Dutchess, Nassau, Orange, Putnam,

Rockland, Suffolk, and Westchester. (mark an X in the appropriate box)

Yes

No

A.Pay amount shown on line 43. Make payable to: New York State Corporation Tax

Attach your payment here. Detach all check stubs. (See instructions for details.)

A

Payment enclosed

B. Federal return iled (you must mark an X in one): Attach a complete copy of your federal return.

Form 1120..................

Consolidated basis ....

Form 1120-H..................................

Form 1120S ...................................

Other:

C. If you included a qualiied subchapter S subsidiary (QSSS) in this return, mark an X in the box and attach

Form CT-60-QSSS. ..................................................................................................................................................................

D. Have you underreported your tax due on past returns? To correct this without penalty, visit our Web site (see instructions).

E.Do you have an interest in, or have you rented, real property located in New York State? (mark an X

in the appropriate box) If Yes, enter the county

 

......................................... Yes

F.Has there been a transfer or acquisition of controlling interest in the entity during the last 3 years? (mark an X

in the appropriate box)

Yes

No

No

G. Do you have an interest in any partnerships? ( mark an X in the appropriate box )

Yes

If Yes, enter the name(s) and EIN(s) on Form CT-60-QSSS and attach it to your return.

 

H. Did you include a disregarded entity in this return? ( mark an X in the appropriate box )

Yes

If Yes, enter the name(s) and EIN(s) on Form CT-60-QSSS and attach it to your return.

 

No

No

446001140094

Page 2 of 4 CT-4 (2014)

Computation of entire net income (ENI) base

1 Federal taxable income (FTI) before net operating loss (NOL) and special deductions (see instr.) ....

2 Interest on federal, state, municipal, and other obligations not included on line 1 (see instructions) ... 3 Interest paid to a corporate stockholder owning more than 50% of issued and outstanding stock... 4 New York State and other state and local taxes deducted on your federal return (see instructions) ... 5 Federal depreciation from Form CT-399, if applicable (see instructions) ............................................

6 Add lines 1 through 5 ........................................................................................................................

7New York net operating loss deduction (NOLD) (see instr.; attach federal and New York State computations)

8 Allowable New York State depreciation from Form CT-399, if applicable (see instructions) ...............

9 Refund or credit of certain taxes (see instructions) .............................................................................

10 Total subtractions (add lines 7 through 9) .............................................................................................

11 ENI base (subtract line 10 from line 6; show loss with a minus (-) sign; enter here and on line 21) ................

12ENI base tax (see instructions; multiply line 11 by the appropriate rate from the Tax rates schedule in

Form CT-3/4-I; enter here and on line 28) .............................................................................................

1

2

3

4

5

6

7

8

9

10

11

12

Computation of capital base (enter whole dollars for lines 13 through 18; see instructions)

 

A

B

 

C

 

Beginning of year

End of year

 

Average value

 

 

 

 

 

13 Total assets from federal return

00

00

00

14Real property and marketable securities

included on line 13

00

 

00

 

00

15 Subtract line 14 from line 13

00

 

00

00

16Real property and marketable securities

 

at fair market value

 

00

 

00

 

 

00

17

Adjusted total assets (add lines 15 and 16) ...

 

00

 

00

 

 

00

18

Total liabilities

 

00

 

00

00

19

Capital base (subtract line 18, column C, from line 17, column C)

............................................................

 

 

19

 

20

Capital base tax

 

 

 

20

 

 

 

 

 

 

 

 

 

 

 

Computation of minimum taxable income (MTI) base (see instructions)

21 ENI base from line 11 ..........................................................................................................................

22 Depreciation of tangible property placed in service after 1986 (see instructions) ...............................

23 New York NOLD from line 7 ..............................................................................................................

24Total (add lines 21 through 23) ................................................................................................................

25Alternative net operating loss deduction (ANOLD) (see instructions) ..................................................

26MTI base (subtract line 25 from line 24) .................................................................................................

27Tax on MTI base (multiply line 26 by appropriate rate; see instructions) ...................................................

21

22

23

24

25

26

27

Computation of tax (continued on page 3)

28 Tax on ENI base from line 12

28

29Tax on capital base from line 20 (see instructions)

New small business:

First year

Second year

29

30Fixed dollar minimum tax (See Table 12, 13, or 14 of the Tax rates schedule in Form CT-3/4-I. You

 

must enter an amount on line 31; see instructions)

 

 

 

30

 

 

31

New York receipts (see instructions)

 

31

 

 

 

 

 

 

32

...............Tax due (amount from line 27, 28, 29, or 30, whichever is largest; see instructions for exceptions)

32

 

 

First installment of estimated tax for next period:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

33a

If you iled a request for extension, enter amount from Form CT-5, line 2

33a

 

 

33b

........................................If you did not ile Form CT-5 and line 32 is over $1,000, see instructions

33b

 

 

 

Add line 32 and line 33a or 33b

 

 

 

 

 

 

34

 

 

 

34

 

 

35

Total prepayments from line 54

 

 

 

35

 

 

36

Balance (subtract line 35 from line 34; if line 35 is more than line 34, enter 0)

..............................................

 

 

 

36

 

 

446002140094

CT-4 (2014) Page 3 of 4

Computation of tax (continued from page 2)

 

 

37

Estimated tax penalty (see instructions; mark an X in the box if Form CT-222 is attached)

.............. 37

38

Interest on late payment (see instructions)

38

39

Late iling and late payment penalties (see instructions)

39

40

Balance (add lines 36 through 39)

40

Voluntary gifts/contributions (see instructions):

 

 

41a

Return a Gift to Wildlife

41a

00

41b

Breast Cancer Research and Education Fund

41b

00

41c

Prostate and Testicular Cancer Research and Education Fund

41c

00

41d

9/11 Memorial

41d

00

41e

Volunteer Fireighting & EMS Recruitment Fund

41e

00

41f

Veterans Remembrance

41f

00

42

Total (add lines 34, 37, 38, 39, and 41a through 41f )

42

43Balance due (If line 35 is less than line 42, subtract line 35 from line 42 and enter here. This is the amount

due; enter the payment amount on line A on page 1)

43

44Overpayment (If line 35 is more than line 42, subtract line 42 from line 35. This is your overpayment; enter

 

here and see instructions)

44

 

45

Amount of overpayment to be credited to next period (see instructions)

 

45

 

 

46

Balance of overpayment (subtract line 45 from line 44; see instructions)

 

46

 

47

Amount of overpayment to be credited to Form CT-3M/4M (see instructions)

47

 

48

Refund of overpayment (subtract line 47 from line 46; see instructions)

 

48

 

 

 

 

 

 

 

Composition of prepayments on line 35 (see instructions)

 

 

Date paid

Amount

 

 

 

 

 

 

 

 

 

49

Mandatory irst installment

 

 

49

 

 

 

 

50a

Second installment from Form CT-400

 

 

50a

 

 

 

 

.................................................................................50b Third installment from Form CT-400

 

 

50b

 

 

 

 

50c

Fourth installment from Form CT-400

 

 

50c

 

 

 

 

51

Payment with extension request from Form

CT-5, line 5

51

 

 

 

 

 

 

 

 

 

 

 

 

 

52

Overpayment credited from prior years

Period

....................................

52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

53

Overpayment credited from Form CT-3M/4M

Period

....................................

 

 

53

 

 

54

.....................................................Total prepayments (add lines 49 through 53; enter here and on line 35)

 

 

54

 

 

 

 

 

 

 

 

 

 

 

Interest paid to shareholders (see instructions)

55Did this corporation make any payments treated as interest in the computation of ENI to shareholders owning directly or indirectly, individually or in the aggregate, more than

 

 

50% of the corporation’s issued and outstanding capital stock? (mark an X in the appropriate box)

 

 

 

 

 

 

If Yes, complete the following and lines 56 through 59 (attach additional sheets if necessary)

55

Yes

No

 

 

 

 

 

 

 

 

 

 

Shareholder’s name

SSN or EIN

 

 

 

 

 

 

 

 

 

 

 

 

56

Interest paid to shareholder

 

56

 

 

 

57

.........................................................................Total indebtedness to shareholder described above

 

57

 

 

 

58

.............................................................................................................................Total interest paid

 

58

 

 

 

59

...............................Is there written evidence of the indebtedness? (mark an X in the appropriate box)

59

Yes

No

Corporations organized outside New York State only

Capital stock issued and outstanding:

60 Number of par shares .......

Value

$

Value

61 Number of no-par shares....

$

446003140094

Page 4 of 4 CT-4 (2014)

62 Total receipts entered on your federal return ...................................................................................

63 Interest deducted in computing FTI (see instructions) .......................................................................

64 Depreciable assets and land entered on your federal return...........................................................

65If the Internal Revenue Service (IRS) has completed an audit of any of your returns within the last ive years, list years:

66If you are a member of an afiliated federal group, enter primary corporation name and EIN:

Name

67If you are more than 50% owned by another corporation, enter parent corporation name and EIN:

62

63

64

EIN

Name

EIN

68Are you claiming small business taxpayer status for lower ENI tax rates? (see Small business taxpayer deinition in the line 12 instructions of Form CT-3/4-I; mark an X in the appropriate box) ...............

69 If you marked Yes on line 68, enter total capital contributions (see worksheet in instructions) ............

70Are you claiming qualiied New York manufacturer status, which includes eligible qualiied New York manufacturers and qualiied emerging technology companies (QETCs), for a lower capital base tax rate and limitation? (see instructions; mark an X in the appropriate box) .......................

71Are you claiming qualiied New York manufacturer or eligible qualiied New York manufacturer status for lower ENI tax rates? (see instructions; mark an X in the appropriate box) .............................

72Are you claiming eligible qualiied New York manufacturer status for a lower MTI rate or

ixed dollar minimum? (see instructions; mark an X in the appropriate box)...........................................

73Are you a qualiied entity of a New York State innovation hot spot that operates solely within such New York State innovation hot spot and have elected to be subject only to the ixed dollar minimum tax base? (mark an X in the appropriate box).......................................................................

74Are you claiming QETC status for a lower ENI rate? (see instructions; mark an X in the

appropriate box).................................................................................................................................

75 Are you claiming qualiied New York manufacturer or QETC status for a lower MTI rate or

ixed dollar minimum? (see instructions; mark an X in the appropriate box)...........................................

68

Yes

No

69

 

 

70

Yes

No

71

Yes

No

72

Yes

No

73

Yes

No

74

Yes

No

75

Yes

No

Amended return information

If iling an amended return, mark an X in the box for any items that apply and attach documentation.

Final federal determination

If marked, enter date of determination:

Net operating loss (NOL) carryback...

Capital loss carryback

Federal return iled

Form 1139

Form 1120X

Net operating loss (NOL) information

New York State NOL carryover total available for use this tax year from all prior tax years ..........................

Federal NOL carryover total available for use this tax year from all prior tax years........................................

New York State NOL carryforward total for future tax years...........................................................................

Federal NOL carryforward total for future tax years........................................................................................

Third – party

designee

(see instructions)

Yes

 

No

 

 

Designee’s name (print)

Designee’s phone number

 

 

 

 

 

 

 

(

)

 

 

 

 

 

 

 

 

 

 

Designee’s e-mail address

 

PIN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certification: I certify that this return and any attachments are to the best of my knowledge and belief true, correct, and complete.

 

Printed name of authorized person

 

Signature of authorized person

 

 

 

Oficial title

 

 

 

Authorized

 

 

 

 

 

 

 

 

 

 

person

E-mail address of authorized person

 

 

 

Telephone number

 

Date

 

 

 

 

 

 

(

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Paid

Firm’s name (or yours if self-employed)

 

 

Firm’s EIN

 

 

Preparer’s PTIN or SSN

preparer

 

 

 

 

 

 

 

 

 

 

Signature of individual preparing this return

Address

 

 

City

State

ZIP code

use

 

 

 

 

 

 

 

 

 

 

 

 

only

 

 

 

 

 

 

 

 

 

E-mail address of individual preparing this return

 

 

 

 

Preparer’s NYTPRIN

 

Date

 

(see instr.)

See instructions for where to ile.

446004140094

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new york form ct 2 spaces to fill in

In the section Attach a complete copy of your, Form 1120 , Form 1120-H, Form CT-60-QSSS, Other:, in the appropriate box) If Yes, in the appropriate box), If Yes, and If Yes type in the data which the software demands you to do.

new york form ct 2 Attach a complete copy of your, Form 1120 , Form 1120-H, Form CT-60-QSSS, Other:, in the appropriate box) If Yes, in the appropriate box), If Yes, and If Yes fields to fill out

Provide the key data in the Computation of entire net income, 1 Federal taxable income (FTI), Form CT-3/4-I; enter here and on, Computation of capital base (enter, Beginning of year, End of year, Average value, and 13 Total assets from federal field.

stage 3 to filling out new york form ct 2

The Computation of minimum taxable, 21 ENI base from line 11, Computation of tax (continued on, First year, Second year, New small business:, must enter an amount on line 31;, and 28 Tax on ENI base from line 12 box may be used to indicate the rights and responsibilities of either side.

Computation of minimum taxable, 21 ENI base from line 11, Computation of tax (continued on, First year, Second year, New small business:, must enter an amount on line 31;, and 28 Tax on ENI base from line 12 in new york form ct 2

Finalize by analyzing the following fields and preparing them as required: Computation of tax (continued from, due; enter the payment amount on, Composition of prepayments on line, Date paid, Amount, and 49 Mandatory irst installment.

step 5 to finishing new york form ct 2

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