New York State Department of Taxation and FinanceCorporation Tax MeF Acceptance Testing System for Tax Year 2024
Test 16—CTEF37
Blank or zero field values are not included. Fields requiring software calculations are not provided. ACH debit payment is required if test results in a balance due. Please use the two-digit codes provided to you to replace the 6th and 7th digits in each test EIN.
Test Scenario
Return type: CT-3
Liability period: 01-01-2024 – 12-31-2024
EIN: 00219XX16
Legal name: CTEF37 (Followed by a space, then your software ID
File number: Software calculated
Telephone number: 518-555-2626
Address: 37 WA Harriman Campus, Albany, NY 12227
State of incorporation: New York State
Date of incorporation: 04-15-2010
NAICS business code number: 522310
Principal business activity: Mortgage Loan Brokers
Part 1
Section B
Line 1. Number of NYS employees: 225
Line 2. Wages paid to NYS employees: 25,750,000
Line 3. Number of business establishments: 2
Section C
Line 1. Federal return filed: 1120
Line 3. Required attachments: CT-3.4
Line 4. Number of tax credit forms filed: 4
Part 2
| Date paid | Amount | |
|---|---|---|
| Line 11 | 3-15-2024 | 250,000 |
| Line 12 | 6-15-2024 | 250,000 |
| Line 13 | 9-15-2024 | 250,000 |
| Line 14 | 12-15-2024 | 250,000 |
Line 24. Balance of overpayment to be refunded: Software calculated
Part 3
Line 1. FTI before NOL and special deductions: 3,500,000
Part 4
| Line number | Description |
A Beginning of year |
B End of year |
|---|---|---|---|
| Line 1 | Total assets fom federal return | 650,000,100 | 700,500,250 |
| Line 6 | Total libilities | 250,000,000 | 500,000,000 |
Part 5—No content
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Part 6
| Line number | Description |
A NYS |
B Everywhere |
|---|---|---|---|
| Line 1 | Sales of tangible personal property | 200,000 | 200,000 |
| Line 4 | Rentals of real and tangible personal property | 70,000 | 70,000 |
| Line 9 | Interest from loans secured by real property | 100,000 | 100,000 |
| Line 31 | Brokerage commissions | 25,000,000 | 25,000,000 |
| Line 32 | Margin interest earned on behald of brokerage accounts | 15,150,150 | 15,150,150 |
| Line 33 | Fees for advisory services for unerwriting or management of underwriting | 25,500,000 | 25,500,000 |
| Line 34 | Receipts from primary spread of selling concessions | 215,000 | 215,000 |
| Line 53 | Recepts from other services/activities not specified | 20,000 | 20,000 |
Part 7—No content
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CT-3.4
Line 5a. NOL carryforward from prior year’s Form CT-3.4: 6,500
Schedule A
|
A Tax period beginning and ending dates |
B Amount from form CT-3 part 3, line 17 |
C When column B is not a loss, enter the ending dates of the tax period that generated an NOL used to reduce the amount in column B |
|---|---|---|
| 01-01-2024–12-31-2024 | 3,500,000 | N/A |
| 01-01-2023–12-31-2023 | -6,500 | N/A |
| 01-01-2022–12-31-2022 | 20,000 | N/A |
| 01-01-2021–12-31-2021 | 45,000 | N/A |
| 01-01-2020–12-31-2020 | 20,000 | 12-31-2019 |
| 01-01-2019–12-31-2019 | -25,000 | N/A |
CT-37
Line 1. Servicing mortgages credit: 50,550
CT-238
Line A. Claiming this credit as a corporation that earned the credit: Yes
Part 1
Schedule A
| Property |
A Address of certified historic structure |
B Project number |
C Date of completion |
|---|---|---|---|
| 1 | 37 WA Harriman Campus, Albany, NY 12227 | NPSRHPC1234 | 05-15-2021 |
| 2 | 46 Graggin DRm Latham, NY 12110 | NPSRHPC1235 | 06-15-2020 |
Schedule B
| Property | Small project |
A Qualified rehabilitation expenditures |
|---|---|---|
| 1 | N/A | 315,015 |
| 2 | X | 20,000 |
Line 4. Unused rehabilitation of historic properties credit carried over from previous tax years: 6,500
Part 2—Software calculated
No content
Part 3
Line 19. Federal recapture amount on NY property: 15,500
Line 20. Amount of federal credit on NY property originally allowed: 85,000
Line 22. Amount of NY credit originally allowed: 40,000
CT-604
Section 1—No content
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Section 2
Name of empire Zone: Rensselaer
Date of first certification by Empire State Development: 08-11-2012
Schedule H
Part 1
| Current year employment number |
March 31 | June 30 | September 30 | December 31 | |
|---|---|---|---|---|---|
| Number of full-time employees within all EZs | 50 | 55 | 60 | 65 | |
| Base period employment number | Tax year ending | March 31 | June 30 | September 30 | December 31 |
| A | 12-10 | 20 | 18 | 21 | 25 |
| B | 12-09 | 15 | 22 | 20 | 21 |
| C | 12-08 | 14 | 18 | 20 | |
Part 2
| Current year employment number |
March 31 | June 30 | September 30 | December 31 | |
|---|---|---|---|---|---|
| Number of full-time employees within all EZs | 155 | 160 | 180 | 185 | |
| Base period employment number | Tax year ending | March 31 | June 30 | September 30 | December 31 |
| A | 12-10 | 65 | 68 | 68 | 67 |
| B | 12-09 | 58 | 56 | 58 | 60 |
| C | 12-08 | 51 | 53 | 55 | |
Schedule I
| Test year 1-11 to 12-11 | March 31 | June 30 | September 30 | December 31 |
|---|---|---|---|---|
| N/A | 26 | 27 | 28 | 29 |
Schedule J—Software calculated
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Schedule K
| Line number | Description |
A EZ |
B NYS |
|---|---|---|---|
| 44 | Average value of properties | 225,225 | 475,475 |
| 46 | Wages and other compensation of employees | 250,500 | 875,250 |
Schedule L—Software calculated
No content
Schedule M—No content
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CT-606
Section 1—No content
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Section 2
Name of empire zone: Albany
Date of first certification by empire State Development: 05-01-2011
Year of the business tax benefit period: 12
Schedule H
Part 1
| Current year employment number |
March 31 | June 30 | September 30 | December 31 | |
|---|---|---|---|---|---|
| Number of full-time employees within all EZs | 47 | 48 | 49 | 50 | |
| Base period employment number | Tax year ending | March 31 | June 30 | September 30 | December 31 |
| A | 12-10 | 15 | 16 | 17 | 18 |
| B | 12-09 | 17 | 18 | 19 | 20 |
| C | 12-08 | N/A | 23 | 24 | 25 |
Part 2
| Current year employment number |
March 31 | June 30 | September 30 | December 31 | |
|---|---|---|---|---|---|
| Number of full-time employees within all EZs | 47 | 48 | 49 | 50 | |
| Base period employment number | Tax year ending | March 31 | June 30 | September 30 | December 31 |
| A | 12-10 | 50 | 52 | 53 | 54 |
| B | 12-09 | 48 | 49 | 50 | 51 |
| C | 12-08 | N/A | 46 | 47 | 48 |
Schedule I—Software calculated
No content
Schedule J—Software calculated
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Schedule K
|
A Employee's name |
B Employee's SSN |
C Employee's zone location |
D Total wages, health benefits, and retirement benefits |
E Eligible wages, health benefits, and retirement benefits included in column D |
|---|---|---|---|---|
| Aiden John | 111222333 | Albany QuiP | 16,000 | 16,000 |
| Ethan Anthony | 222333444 | Albany QuiP | 8,000 | 8,000 |
| Melissa Job | 333444555 | Albany QuiP | 3,800 | 3,800 |
Schedule L—Software calculated
No content
Schedule M—No content
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Schedule N
Line 52. Eligible real property taxes: 4,000
Schedule O—Software calculated
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Schedule P—No content
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Schedule Q
Part 1
|
A Address of property |
B Name of zone |
C Cost or other basis |
E Percentage of physical occupancy and use |
|---|---|---|---|
| 122 Quip Pl, Albany, NY 12227 | Albany | 85,000 | 100 |
Part 2—No content
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