Form Nyc 3360 – Fill Out and Use This PDF

Additional Tax (or Refund) Due

COLUMN A - Additional Tax Due

COLUMN B - Refund Due

16.

If line 15 (col. 3) exceeds line 15 (col. 1), enter the difference in column A .......... 16.

17.

If line 15 (col. 3) is less than line 15 (col. 1), enter the difference in column B

17.

18.

Interest (see instructions)

18.

19.

Additional charges (see instructions)

19.

20.

Total amount due (add lines 16 , 18, and 19)

20.

21.

Refund due (enter amount from line 17 above)

21.

SIGN

Preparer's Social Security Number or PTIN

HERE ’

Signature of officer

Title

Date

Preparer's

Preparer’s

Check if self-

n

PREPARER'S

signature

printed name

employed 4

Date

Firm's Employer Identification Number

USE ’

ONLY

Form NYC-3360 - 2015 - Instructions

Page 2

Form NYC-3360 - 2015 - Instructions

Page 3

of business from such sources as sales of personal property, services

of the General Corporation Tax Return (without regard to any

performed, rentals of property and royalties. For taxpayers which have

extension of time for payment) to the date of payment. (Section 11-

filed an NYC 3L, this receipts amount would be the same as the

675 of the Administrative Code). The applicable prescribed inter-

amount that would have to be shown on Form NYC-3L, Schedule H,

est rate or rates are available from the interest rate table set forth on

Column A, Line 2g. For taxpayers which are part of a combined

the Finance website at nyc.gov/finance.

group in tax years beginning in 2014 or 2013, this amount would be:

Effective September 1, 1983, interest is compounded on a daily

(i) for the reporting corporation, the amount on Form NYC-3A, Sched-

ule H, Column A, Line 2g(A); and (ii) for corporations other than the

basis at the applicable rate.

reporting corporation (“subsidiaries”), the amount on Form NYC-

For the rate of interest on overpayments, for a rate of interest not

3A/B, Schedule H, Line 2g(A) in the column for that subsidiary,

shown on the website and for interest calculations, call 311. If call-

except if there is only one subsidiary, in which case the amount

ing from outside of the five NYC boroughs, please call 212-NEW-

entered on form NYC-3A, Schedule H, Column B, Line 2g(A).

YORK (212-639-9675).

TABLE - FIXED DOLLAR MINIMUM TAX

LINE 19 - ADDITIONAL CHARGES

For a corporation with New York City receipts of:

a) A late filing penalty is assessed if you fail to file this form

Not more than $100,000:

$ 25

More than $100,000 but not over $250,000:

$ 75

when due, unless the failure is due to reasonable cause. For

every month or partial month that this form is late, add to the

More than $250,000 but not over $500,000:

$ 175

tax (less any payments made on or before the due date) 5%, up

More than $500,000 but not over $1,000,000:

$ 500

to a total of 25%.

More than $1,000,000 but not over $5,000,000:

$1,500

More than $5,000,000 but not over $25,000,000:

$3,500

b) If this form is filed more than 60 days late, the above late filing

Over $25,000,000:

$5,000

penalty cannot be less than the lesser of (1) $100 or (2)100% of the

Short periods - fixed dollar minimum tax. Compute the New York

amount required to be shown on the form (less any payments made

by the due date or credits claimed on the return).

City receipts for short periods (tax periods of less than 12 months)

by dividing the amount of New York receipts by the number of

c) A late payment penalty is assessed if you fail to pay the tax

months in the short period and multiplying the result by 12. The

shown on this form by the prescribed filing date, unless the fail-

fixed dollar minimum tax may be reduced for short periods:

ure is due to reasonable cause. For every month or partial

month that your payment is late, add to the tax (less any pay-

Period Reduction

ments made) 1/2%, up to a total of 25%.

l Not more than 6 months

50%

d) The total of the additional charges in a and c may not exceed

l More than 6 months but not more than 9 months

25%

5% for any one month except as provided for in b.

l More than 9 months

None

If this form is being filed with respect to a corporation filing a com-

If you claim not to be liable for these additional charges, attach a state-

ment to your return explaining the delay in filing, payment or both.

bined report, enter on line 10 the sum of the fixed dollar minimum

tax amounts for each corporation (other than the reporting corpora-

SIGNATURE

tion) included in the combined report, except for any corporation

This report must be signed by an officer authorized to certify that

not otherwise subject to tax. To determine the fixed dollar mini-

the statements contained herein are true. If the taxpayer is a pub-

mum tax for each such corporation, use the above table.

licly-traded partnership or another unincorporated entity taxed as a

LINE 12 - UBT PAID CREDIT

corporation, this return must be signed by a person duly authorized

to act on behalf of the taxpayer.

Enter on line 12, column 1 the total amounts from Form NYC-3L or

NYC-3A, UBT Paid Credit. Attach Form NYC-9.7. Enter in column 2

Preparer Authorization: If you want to allow the Department of

allchangestothisamountandenterthecorrectedamountincolumn3.

Finance to discuss your return with the paid preparer who signed it,

you must check the "yes" box in the signature area of the return.

LINE 14 -

This authorization applies only to the individual whose signature

All applicable credits should be taken into account when computing

appears in the "Preparer's Use Only" section of your return. It does

the tax. Attach schedule of credits claimed. Attach Forms NYC-

not apply to the firm, if any, shown in that section. By checking the

9.5, NYC-9.6, NYC-9.8, NYC-9.9 and NYC-9.10, if applicable.

"Yes" box, you are authorizing the Department of Finance to call

Enter in column 2 all changes to these amounts and enter the cor-

the preparer to answer any questions that may arise during the pro-

rected amount in column 3.

cessing of your return. Also, you are authorizing the preparer to:

LINE 17 - CLAIM FOR REFUND

l Give the Department any information missing from your return,

l Call the Department for information about the processing of

Where the federal or New York State change would result in a

refund, Form NYC-3360 may be used as a claim for refund, provided

your return or the status of your refund or payment(s), and

l Respond to certain notices that you have shared with the

it is accompanied by a complete copy of the federal and/or New

preparer about math errors, offsets, and return preparation.

York State Audit Report or Statement of Adjustment.

The notices will not be sent to the preparer.

Effective for taxable years beginning on or after January 1, 1989, if

You are not authorizing the preparer to receive any refund check,

this report is not filed within 90 days after the notice of the final

bind you to anything (including any additional tax liability), or oth-

federal (or New York State) determination, no interest on the

erwise represent you before the Department. The authorization

resulting refund will be paid.

cannot be revoked, however, the authorization will automatically

LINE 18 - INTEREST

expire no later than the due date (without regard to any extensions)

for filing next year's return. Failure to check the box will be

Enter at Line 18, Column A, interest owed on the additional tax due

deemed a denial of authority.

at the applicable prescribed interest rate or rates from the due date