Does New York require you to file a business tax extension?

Q

Yes. The state of New York does NOT accept the Federal tax extension. File Form CT-5 to get a 6-month extension from the state of New York.

Which business tax extension forms are required by the state of New York?

Q

To request New York business tax extension, use New York Form CT-5 (Request for Six-Month Extension to File). To avoid late filing penalties from the State of New York, your filing of Form CT-5 must be filed by the original due date of your return.

What is New York Form CT-5?

Q

Form CT-5, 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. If you have already applied for an extension of time to file your return and you still need more time, use Form CT-5

What is the deadline to file business tax forms with the state of New York?

Q

New York C-Corporation Tax Extensions

New York State C-Corporation tax returns Form CT-3 - General Business Corporation Franchise Tax Return, are due within 3 months and 15 days following the end of your reporting period.

For calendar year filers, this deadline is April 15. If you cannot file by that date, you can apply for a New York tax extension. Use Form CT-5, to request for Six-Month extension to file.

New York S-Corporation Tax Extensions

New York S-Corporation tax returns Form CT-3-S, New York S Corporation Franchise Tax Return are due within 2 months and 15 days following the end of your reporting period.

For calendar year filers, this deadline is March 16, 2020. To apply for a New York S Corporation tax extension, file Form CT-5.4 (Request for Six-Month Extension to File New York S Corporation Franchise Tax Return).

What is the extended deadline for business taxes in New York?

Q

New York business tax extension offers an additional 6 months tax extension, which moves the filing deadline to October 15 (for calendar year).

What payment options does the state of New York offer?

Q

If you owe New York state tax, your balance must be paid by the original due date, or penalties and interest will be charged. You can make a New York tax extension payment with Form CT-200-V, or pay electronically via NY Online Services for Businesses: https://www.tax.ny.gov/online/bus.htm

Where do I mail New York Form CT-5?

Q

Mail New York Form CT-5 to the following address:

Form CT-5

NYS Corporation Tax,
Po Box 15180,
Albany, NY 12212-5180.

Mail New York Form CT-200-V with payment to the following address:

Form CT-200-V

NYS Dept Of Taxation & Finance,
Corp – V ,
Po Box 15163,
Albany, NY 12212-5163.

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Last modified 3/6/2020 6:45:10 AM EST