Form IT225 Download Fillable PDF or Fill Online New York State
Ny Ptet Form. How to make the election how to modify or revoke the election Web the ptet is an optional tax that partnerships or new york s corporations may annually elect to pay on certain income for tax years beginning on or after january 1, 2021.
Form IT225 Download Fillable PDF or Fill Online New York State
You are entitled to this refundable credit for tax years beginning on or after january 1, 2021, if: The election for the ptet is available for tax. (read our insight on the previously enacted changes here.) If the ptet credit exceeds the tax due for the tax year, the excess credit will be refunded without interest. How to make the election how to modify or revoke the election Web the ptet is an optional tax that partnerships or new york s corporations may annually elect to pay on certain income for tax years beginning on or after january 1, 2021. The eligible entity may opt in on or after january 1 but no later than march 15 of the current ptet taxable year.
The eligible entity may opt in on or after january 1 but no later than march 15 of the current ptet taxable year. The election for the ptet is available for tax. (read our insight on the previously enacted changes here.) If the ptet credit exceeds the tax due for the tax year, the excess credit will be refunded without interest. The eligible entity may opt in on or after january 1 but no later than march 15 of the current ptet taxable year. Web the ptet is an optional tax that partnerships or new york s corporations may annually elect to pay on certain income for tax years beginning on or after january 1, 2021. How to make the election how to modify or revoke the election You are entitled to this refundable credit for tax years beginning on or after january 1, 2021, if:
