Unincorporated Business Tax Return Form PDF Details

Filing taxes can be a complex and nuanced process for businesses, especially those that are unincorporated entities like certain partnerships, including limited liability companies that are treated as partnerships for federal income tax purposes. The Unincorporated Business Tax Return form, specifically the 204EZ form for the year 2021, is designed for these entities that have no tax liability but are still required to file. This requirement applies to partnerships that have engaged in exempt unincorporated business activities or whose unincorporated business gross income exceeds a certain threshold. The form covers various details such as changes in care of address, business termination, and specifics about the nature of the business. It requires the attachment of Federal Form 1065 along with individual K-1s, underlining the interconnectedness of federal and city tax obligations. Filing deadlines, instructed on page 3, vary depending on whether the fiscal year aligns with the calendar year. Entities must meticulously report income, deductions, and credits to accurately compute their tax obligations or lack thereof. The certification section mandates a declaration that the information provided is true and complete, emphasizing the legal responsibility in filing this form. Additionally, specific instructions regarding eligibility for filing this form, mailing instructions, and additional required information ensure compliance and facilitate the tax filing process for unincorporated businesses within New York City, showcasing the city’s efforts to simplify the tax reporting obligations for these entities while ensuring accurate and lawful tax practices.

QuestionAnswer
Form NameUnincorporated Business Tax Return Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesnyc 204ez_2015 204ez no federal 2015 form

Form Preview Example

*60912191*

-204EZ

UNINCORPORATED BUSINESS TAX RETURN 2021

FOR PARTNERSHIPS (INCLUDING LIMITED LIABILITY COMPANIES)

This form is for certain partnerships, including limited liability companies treated as partnerships for federal income tax purposes, who are required to file an Unincorpo- rated Business Tax Return but have no tax liability. See instructions on Page 3.

For CALENDAR YEAR 2021 or FISCAL YEAR beginning ________________2021, and ending _________________ , ______

 

Name

 

 

Name

■

 

 

 

 

Change

 

 

 

 

 

 

 

In Care Of

 

 

 

 

 

 

 

 

 

 

 

Address (number and street)

 

 

Address

■

 

 

 

 

Change

 

 

 

 

 

 

 

City and State

 

Zip Code

Country (if not US)

 

 

 

 

 

 

 

 

Business Telephone Number

Nature of Business

 

 

 

 

 

 

 

 

 

Date business began in NYC (mm-dd-yy)

Date business ended in NYC, if applicable (mm-dd-yy)

 

IF BUSINESS TERMINATED DURING THE YEAR,ATTACH A STATEMENT SHOWING THE DISPOSITION OF BUSINESS PROPERTY

TAXPAYER’S EMAIL ADDRESS:

EMPLOYER IDENTIFICATION NUMBER:

BUSINESS CODE NUMBER AS PER FEDERAL RETURN:

ENTITY TYPE:

 

■general partnership

■limited partnership

■registered limited liability partnership

■limited liability company

APPLY

 

■ dedretur

 

 

 

If the purpose of the amended return is to report a

 

 

■IRS change

 

Date of Final

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

federal or state change, check the appropriate box:

 

 

■NYS change

 

Determination ■■-■■-■■■■

 

 

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■ iaretur

 

Check this box if you have ceased operations in NYC.

 

■ Engaged in an exempt unincorporated business activity

 

 

CHECK

 

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SCHEDULE A

 

 

See instructions on Page 3.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Total Income (add lines 1 through 3)

 

 

 

 

 

 

 

 

 

 

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If the amount on line 8 exceeds the amount on line 10 by more than $100 you

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Account

 

 

 

 

 

 

ACCOUNT TYPE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Checking ■

 

Savings ■

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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CERTIFICATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Iherebycertifythatthisreturn,includinganyaccompanyingrider,is,tothebestofmyknowledgeandbelief,true,correctandcomplete.

irsidress

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I authorize the Dept. of Finance to discuss this return with the preparer listed below. (see instructions) .........YES ■

_____________________________________________

 

 

 

 

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PREPARER'S

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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60912191 YOU MUST ATTACH A COPY OF FEDERAL FORM 1065, INCLUDING THE INDIVIDUAL K-1s, TO THIS RETURN AND

NYC-204EZ - 2021

COMPLETE THE ADDITIONAL INFORMATION SECTION ON PAGE 2. SEE PAGE2 FOR MAILING INSTRUCTIONS.

Form NYC-204EZ - 2021

 

 

 

 

Page 2

 

 

 

 

ADDITIONAL REQUIRED INFORMATION

The following information must be entered for this return to be complete.

1.

NewYrkStateSaesTaxNuer________________________

____________________________________

 

2.

idyufieaNYrtershipReturi

 

 

 

■Y

■NO

3.

idyufieaNYrtershipReturi

 

 

 

■Y

■NO

4.

astheteraReveueServicertheNewYrkStateepart

 

 

tfTaxatiadiaceicreased

 

 

 

rdecreasedaytaxabeicssreprtediaytaxperid

 

 

rareyucurretybeigaudited

■Y

■NO

 

fsbywh

teraReveueService

■

NewYrkStateeparttfTaxatiadiace

■

 

Stateperids_______________________________________ ________________________________________

5.f“Ytuesti

5a.

ryearsprirthasrNYeprtfederaSta

tehageiTaxabecbeefied

■Y

■NO

5b.

ryearsbegiigrafterhasaadedretur

beefied

■Y

■NO

6.

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veaiterestireaprperty

 

 

 

catediNYriaetitywigsuchreaprperty

 

■Y

■NO

6a. ftuestiattachascheduefsuchprpertyid

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7.

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t

 

 

 

 

a)

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ip

■Y

■NO

 

b)

asrrefthepartershipitereststrasferredithe

astyearsraccrdigtapa

■Y

■NO

8.

ftarbwasaReapertyTrasferTaxReturfied

 

■Y

■NO

9.

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__________________________________________________________

10.

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siNYithebrughf

 

 

 

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aytradebusiessprfessivcati

 

 

 

rcrciaactivity

 

■Y

■NO

11.

fwereareuiredrciaRetTaxRetursfied

 

■Y

■NO

 

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erciaRetTaxRetur

_________________________________

TABLE OF MAXIMUM ALLOWED INCOME FROM BUSINESS

MAILING INSTRUCTIONS

NUMBER OF MONTHS MAXIMUM TOTAL INCOME

IN BUSINESS

FROM BUSINESS

 

 

1

$85,416

2

$85,833

3

$86,250

4

$86,667

5

$87,083

6

$87,500

7

$87,917

8

$88,333

9

$88,750

10

$89,167

11

$89,583

12

$90,000

 

 

If total income from

business after

deduction for active

partners’services

is more than $90,000,

you must use Form NYC-204

FIFTEEN OR MORE

CALENDAR DAYS

CONSTITUTES

ONE MONTH

The due date for calendar year 2021 is on or before March 15, 2022.

For fiscal years beginning in 2021 file by the

15th day of the third month following the close of the fiscal year.

To receive proper credit, you must enter your correct Employer Identification Number on your tax return.

RETURNSCLAIMINGREFUNDS

 

ALLOTHERRETURNS

 

 

 

NYON

 

NYON

NNORRTSNT

 

NNORRTSNT

OX

 

OX

NONNY

 

NONNY

 

 

 

Download forms and instructions online at nyc.gov/finance or call 311. If calling from outside of the five NYC boroughs, please call 212-NEW-YORK (212-639-9675).

*60922191* 60922191

Form NYC-204EZ - 2021

Page 3

INSTRUCTIONS

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