New York Tax Extensions: Business, Personal, Information and Nonprofit Tax Returns

General business corporations (Article 9-A), banking corporations(Article 32), insurance corporations (Article 33), and businesses taxed under Article 13 may file Form CT-5 to request a six-month extension of time to file the appropriate tax return and MTA surcharge return. Do not use separate forms if you are requesting an extension to file both the franchise tax and MTA surcharge returns. Use lines 1 through 5 to compute the estimated franchise tax. Use lines 6 through 10 to compute the estimated MTA surcharge. Submit only one payment of the combined amount for both franchise tax and MTA surcharge.

What are the forms involved in Business Tax extension?

Corporations filing a combined franchise tax return (Form CT-3-A, CT-32-A, or CT-33-A) must use Form CT-5.3, Request for Six-Month Extension to File (for combined franchise tax return, or combined MTA surcharge return, or both), to request a six-month extension of time to file.
A general business corporation (Article 9-A) that has elected to be a New York S corporation by filing Form CT-6, Election by a Federal S Corporation to be Treated As a New York S Corporation, or that is a federal S corporation that has not made the New York S election but meets the requirements of Tax Law, Article 22, section 660(i) (and is therefore deemed to be a New York S corporation) must file Form CT-5.4, Request for Six-Month Extension to File New York S Corporation Franchise Tax Return, to request one six-month extension of time to file Form CT-3-S, New York S Corporation Franchise Tax Return. A banking corporation (Article 32) that has elected to be a New York S corporation by filing Form CT-6 must file Form CT-5.4 to request one six-month extension of time to file Form CT-32-S, New York Bank S Corporation Franchise Tax Return. Additional extensions beyond six months will not be granted to New York S corporations.
Article 9 taxpayers, except providers of telecommunications services, must use Form CT-5.9, Request for Three-Month Extension To File, to request a three-month extension to file a franchise tax return and MTA surcharge return. Providers of telecommunication services must use Form CT-5.9-E, Request for Three-Month Extension to File Form CT-186-E, to request an extension to file Form CT-186-E, Telecommunications Tax Return and Utility Services Tax Return.

File Form IT-370 on or before the due date of the return to get an automatic six-month extension of time to file Form IT-201, Resident Income Tax Return, or Form IT-203, Nonresident and Part-Year Resident Income Tax Return.
If you are requesting an extension of time to file using Form IT-370, you may still file Form IT-201 or Form IT-203 electronically, provided you meet the conditions for electronic filing as listed in the instructions for the forms.
If you have to file Form Y-203, Yonkers Nonresident Earnings Tax Return, the time to file is automatically extended when you file Form IT-370. For more information on who is required to file Form Y-203, see the instructions for the form.

Shall I get more than 6 month Extension ?

New York State department of taxation and Finance cannot grant an extension of time to file for more than six months if you live in the United States. However, you may qualify for an extension of time to file beyond six months under section 157.3(b)(1) of the personal income tax regulations because you are outside the United States and Puerto Rico, or you intend to claim nonresident status under section 605(b)(1)(A)(ii) of the Tax Law (548-day rule), as explained in the instructions for Form IT-203 under Additional general information. Also see the special condition code instructions for the return you will be filing (Form IT-201 or Form IT-203).
Payment options - Full payment must be made by check or money order of any balance due with this automatic extension of time to file. Make the check or money order payable to New York State Income Tax and write your social security number and Income Tax on it.

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