New York State Department of Taxation and FinanceCorporation Tax MeF Acceptance Testing System for Tax Year 2024
Test 21—CTEF43
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: 00219XX21
Legal name: CTEF43 (Followed by a space, then your software ID)
File number: Software calculated
Telephone number: 518-555-2626
Address: 43 WA Harriman Campus, Albany, NY 12227
State of incorporation: New York State
Date of incorporation: 06-01-2007
NAICS business code number: 522110
Principal business activity: Commercial Banking
Part 1
Section B
Line 1. Number of NYS employees: 125
Line 2. Wages paid to NYS employees: 7,000,000
Line 3. Number of business establishments in NYS: 3
Line 4. Interest in, or have rented, real property in NYS: Yes
Section C
Line 1. Federal return filed: 1120
Line 3. Required attachments: CT-3.2, CT-3.4, CT-225
Line 4. Number of credit forms filed with this return: 5
Part 2
| Date paid | Amount | |
|---|---|---|
| Line 11 | 3-15-2024 | 515,000 |
| Line 12 | 6-15-2024 | 515,000 |
| Line 13 | 9-15-2024 | 515,000 |
| Line 14 | 12-15-2024 | 515,000 |
Part 3
Line 1. FTI before NOL and special deductions: 55,000,000
Part 4
| Line number | Description |
A NYS |
B Everywhere |
|---|---|---|---|
| Line 9 | Interest from loans secured by real property | 150,000,000 | 150,000,000 |
| Line 10 | Net gains from sales of loans secured by real property | 3,150,000 | 3,150,000 |
| Line 19 | Interest from asset-backed securities and other government agency debt | 9,500,000 | 9,500,000 |
| Line 26 | Net interest from federal funds | 12,000,000 | 12,000,000 |
| Line 29 | Interest from other financial instruments | 5,000,500 | 5,000,500 |
| Line 53 | Receipts from other services/activities not specified | 11,000,000 | 11,000,000 |
Part 7—Software calculated
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CT-3.2
Schedule A—Software calculated
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Schedule B—No content
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Schedule C—No content
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Schedule D
Line 15. Total net interest income from qualifying loans: 25,494,394
Schedule E
Line 1. Gross interest income from loans for the entity identified: 97,000,000
Line 2. Gross interest expense for the entity identified: 40,000,000
Line 3. Average value of loans owned during the tax year by the entity identified: 2,750,000
Line 4. Average total assets during the tax year owned by the entity identified: 3,500,000
Line 8. Gross interest income from qualifying loans for the entity identified: 37,713,600
Line 9. Gross interest income from all loans for the entity identified: 97,000,000
CT-3.4
Line 5a. NOL carryforward from prior year’s Form CT-3.4: 750,000
Line 6. NOL to be used in the current year: 750,000
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 |
|---|---|---|
| 01-01-2024–12-31-2024 | 43,183,303 | 12-31-2023 |
| 01-01-2023–12-31-2023 | 750,000 | N/A |
| 01-01-2022–12-31-2022 | 150,000 | N/A |
| 01-01-2021–12-31-2021 | 250,000 | N/A |
| 01-01-2020–12-31-2020 | 350,000 | N/A |
| 01-01-2019–12-31-2019 | 450,000 | N/A |
| 01-01-2018–12-31-2018 | 500,000 | N/A |
| 01-01-2017–12-31-2017 | 600,000 | 12-31-2016 |
| 01-01-2016–12-31-2016 | -775,000 | N/A |
CT-225
Schedule A
Part 1
| Line number | Modification number | Amount |
|---|---|---|
| 1a | A-508 | 325,000 |
| 1b | A-221 | 150,000 |
| 1c | A-211 | 800,000 |
Part 2
| Line number | Modification number | Amount |
|---|---|---|
| 3a | EA-221 | 7,500 |
Schedule A
Part 1
| Line number | Modification number | Amount |
|---|---|---|
| 6a | S-218 | 350,000 |
Part 2
| Line number | Modification number | Amount |
|---|---|---|
| 6a | ES-505 | 2,000 |
CT-43
Line B. Total number of properties included on this claim: 2
Schedule A
|
A Property address |
B Date mortgage recorded |
C Amount of mortgage |
D Amount of special additional mortgage recording tax paid |
|---|---|---|---|
| 4189 State St, Albany, NY 12222 | 03-01-2024 | 1,750,000 | 15,000 |
| 281 Wolf Rd, Albany, NY 12205 | 04-05-2024 | 3,500,000 | 15,500 |
Schedule B—Software calculated
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Schedule C—No content
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Schedule D—No content
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CT-602
Schedule A—Software calculated
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Schedule B
Line 8. Unused EZ capital tax credit from previous periods: 100,125
CT-604-CP
Name/EIN of QEZE partnership: Partnership 1 / 111222333
Line 1. Your share of QEZE credit for real property taxes obtained from your partnership: 75,000
CT-607
Line A. Certificate number: CEJPTC12345678
Line A1. Project number: ESD2412345
Line B. Year of eligibility: 5
Line B1. Indicate the phase from your certificate of tax credit issued: Phase 2
Schedule A
Line 1. Excelsior jobs tax credit component: 50,000
Schedule B
Line 4. Excelsior investment tax credit component: 150,000
Schedule C
Line 7. Excelsior research and development Tax credit component: 100,000
Schedule D
Line 10. Excelsior real property tax credit component: 175,000
Schedule E
Line 13. Excelsior child care services tax credit component: 50,000
Schedule F—Software calculated
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CT-611.1
Did the DEC accept this site into the Brownfield Cleanup Program on or after 6-23-2028 and prior to 7-1-2019: Yes
Date of execution of the BCA for the brownfield site: 3-05-2015
Schedule A
Site name: Brownfield Site 1
Site location – municipality: Troy
Site location – county: Rensselaer
DEC region: 4
DER site number: 45655
Date COC was transferred pursuant to the transfer or sale of the qualified site: 4-15-2020
Received notification from DOS that qualified site is located in a Brownfield Opportunity area: Yes
Schedule B
|
A Description of site preparation costs |
B Date costs paid or incurred |
C Costs |
|---|---|---|
| Fencing | 11-15-2019 | 325,000 |
| Demolition | 03-01-2020 | 225,000 |
| Electric wiring | 05-01-2020 | 525,000 |
Schedule C
|
A Description of groundwater remediation costs |
B Date costs paid or incurred |
C Costs |
|---|---|---|
| Groundwater remediation | 06-01-2019 | 475,000 |
Schedule D
|
A Description of qualified property |
B Principal use |
C Date placed in service |
D Life |
E Costs or other basis |
|---|---|---|---|---|
| Excavation equipment | Site preparation | 05-01-2019 | 15 | 400,500 |
Line 8. Applicable percentage rate: 0.1225
Line 9b. Tangible property component limitation for the qualified site: 4,650,000
Line 9c. Tangible property component available for use in the current tax year: 4,600,000
Schedule E—No content
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