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New York State Department of Taxation and FinanceCorporation Tax MeF Acceptance Testing System for Tax Year 2024


Test 18—CTEF44

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: 11-01-2024 – 10-31-2025
EIN: 00219XX18
Legal name: CTEF44 (Followed by a space, then your software ID
File number: Software calculated
Telephone number: 518-555-2626
Address: 44 WA Harriman Campus, Albany, NY 12227
State of incorporation: New York State
Date of incorporation: 05-01-2014
NAICS business code number: 541910
Principal business activity: Marketing

Part 1

Section B

Line 1. Number of NYS employees: 225
Line 2. Wages paid to NYS employees: 12,000,000
Line 3. Number of business establishments in NYS: 4
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-3.1, CT-3.4, CT-225, CT-227
Line 4. Number of tax credit forms filed with this return: 7

Part 2

Line 1b. NY receipts: 455,000,000

Prepayments
Date paid Amount
Line 11 3-15-2024 15,000
Line 12 6-15-2024 15,000
Line 13 9-15-2024 15,000
Line 14 12-15-2024 15,000

Line 21. Amount of overpayment to be credited to next period: 9,850

Part 3

Line 1. FTI before NOL and special deductions: 95,000,000

Part 4

Calculation of tax on capital base
Line number Description

A

Beginning of year

B

 End of year

Line 1 Total assets from federal return 550,000,000 600,000,000
Line 2 Real property and marketable securities included on line 1 15,000,000 15,000,000
Line 4 Real property and marketable securities at fair market value 15,000,000 15,000,000
Line 6 Total liabilities 150,000,000 200,000,000

Part 5—Software calculated

No content

Part 6

Calculation of business apportionment factor
Line number Description

A

NYS

B

Everywhere

Line 5 Royalties from patents, copyrights, trademarks, and similar intangible personal property 140,000,000 255,000,000
Line 6 Sales of rights for certain closed-circuit and cable TV transmissions of an event 300,000,000 700,000,000
Line 7 Sale, licensing, rental, or granting access to digital products and digital services 5,000,000 10,000,000
Line 36 Fees for management or advisory corporation 5,000,000 10,000,000
Line 53 Receipts from other services/activities not specified 5,000,000 10,000,000

Part 7—Software calculated

No content

CT-3.1

Schedule A—No content

No content

Schedule B

Line 26. ENI: 90,500,000

Schedule C

Line 6. Dividend income from investment capital from stocks actually held more than one year: 15,000,000
Line 7. Net capital gains in excess of losses from investment capital from stocks actually held more than one year: 6,000,000
Line 11. Dividend income from investment capital from stocks presumed held more than one year: 2,500,000
Line 16. Interest deductions directly attributable to investment capital or to gross investment income: 750,000
Line 17. Interest deductions indirectly attributable to investment capital or to gross investment income: 625,000

Schedule D—Software calculated

No content

Schedule E

Part 2

Investment capital– Stocks actually held more than one year
Item

A

 Name/CUSIP/CINS/Lot number

B

 Number of shares acquired

C

Date acquired

A ABC Corp / 999999 / 99 / 9 40,000 3-15-2021
B XYZ Corp / 121212 / 12 / 1 30,000 5-1-2022
Item

D

 Number of shares sold

E

Date sold

F

 Average FMV

G

 Liabilities attributable

H

 Net average FMV

A 1,750 3-15-2022 675,000 200,000 475,000
B 2,250 5-1-2023 325,000 100,000 225,000

Part 3

Investment capital – Stocks presumed held more than one year
Item

A 

Name/CUSIP/CINS/Lot number

B

 Number of shares sold

C

Date acquired

A MLN Corp / 000009 / 09 / 0 550 8-15-2022
Item

D

 Number of shares sold

E

Date sold

F

Average FMV

G

 Liabilities attributable

H

Net average FMV

A N/A N/A 225,000 100,000 125,000

Part 4—Software calculated

No content

Schedule F—No content

No content

CT-3.4

Line 5a. NOL carryforwards from prior year’s Form CT-3.4: 4,694,271

Apportioned business income or loss

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

11-01-2024–10-31-2025 39,095,631 10-31-2023
11-01-2023–10-31-2024 -4,694,271 N/A
11-01-2022–10-31-2023 375,000 N/A
11-01-2021–10-31-2022 500,000 N/A
11-01-2020–10-31-2021 250,000 N/A
11-01-2019–10-31-2020 300,000 N/A
11-01-2018–10-31-2019 250,000 N/A
11-01-2017–10-31-2018 325,000 N/A
11-01-2016–10-31-2017 125,000 N/A
11-01-2015–10-31-2016 100,000 N/A

CT-225

Schedule A

Part 1

New York State additions
Line number Modification number Amount
1a A-218 1,500,000

Schedule B

Part 1

New York State subtractions
Line number Modification number Amount
1a A-218 1,500,000

CT-44

Schedule A

Line A. If you are claiming this credit as a corporate partner, mark an X in the box: (check this box)
Line 1. Unused ITC or EIC from preceding period: 2,000,000

Schedule B

Recapture of ITC

A 

Description of property

B

 Date acquired

C

 Date property ceased to qualify

D

 Life

E

Unused life

G

 Total original ITC allowed

Stolen  11-01-2022 10-31-2024 37 10 3,500,000

Schedule C—Software calculated

No content

CT-46

Line 18d. Amount of line 18a to be refunded: 100,000
Line 18e. Amount of line 18a to be applied as an overpayment to next year’s tax: 666,276

Schedule A

Investment tax credit
Item

A

Description of property

B

Principal use of property

C

 Date Acquired

D

 Useful

A Building Manufacturing 5-1-2019 22
B Farming R&D Property 6-1-2020 24
Item

E

 Investment credit base

F

 Investment credit

G

Investment credit for R&D property

H

 Investment credit for eligible farmers on qualified property

A 15,000,000 750,000 N/A N/A
B 15,500,000 N/A 1,395,000 N/A

Schedule B

Eligibility for employment incentive credit
A

A

 Year

B

March 31

C

June 30

D

 September 30

E

December 31

22 Number of NYS employees in employment base year 2021 169 170 171 172
23 Number of NYS employees in current tax year 2024 179 180 181 182
B

A

Year

B

March 31

C

 June 30

D

September 30

E

 December 31

24 Number of NYS employees in employment base year 2020 170 171 172 173
25 Number of NYS employees in current tax year 2024 180 181 182 183

Schedule C

Employment incentive credit computation
Line number and description

A

Tax year in which investment tax credit was allowed

B

Amount of investment credit base upon which investment tax credit was allowed

C

Employment incentive credit 

26 Information for fist succeeding year 2021 45,000 1,125
27 Information for second succeeding year 2020 47,000 1,175

Schedule D—No content

No content

CT-641

Line A. Claiming credit as a corporation that earned the credit: Yes

Schedule A

Computation of credit
Property

A

 Physical address of the real property

B

 Eligible real property taxes paid for property listed in column A

1 1 Jet Way, Albany, NY 12227 400,000

Schedule B—Software calculated

No content

Schedule C—No content

No content

Schedule D

Computation of credit recapture

A

Tax year credit allowed

B

 Credit originally allowed

C

 Reduced eligible real property taxes

2022 75,000 20,000

CT-648

Line A. Claiming credit as a corporation that earned the credit: Yes
Line B. Credit allocation year: 2022
Line C. Certificate number: ESDLSR2412345
Line D. Number of employees: 215
Line E. Year of eligibility: 2nd

Schedule A

Line A. Life sciences research and development credit: 250,000

Schedule B—Software calculated

No content

Schedule C—No content

No content

Schedule D

Line 14. Amount of credit to be applied as an overpayment to next year’s tax: 250,000

CT-649

Line A. Claiming credit as a corporation that earned the credit: Yes
Line B. Amount on Line B worksheet line 12 at least 0.6667: Yes
Line C. Name, EIN, and address of farm: CTEF44, 00219XX18, 44 WA Harriman Campus, Albany, NY 12227

Schedule A—Software calculated

No content

Schedule B

Line 12. Amount to be applied as an overpayment to next year’s tax: 1,625

Schedule C—No content

No content

Schedule D

Qualified donations

A

Date of qualified donation

B

 Location of qualified donation

C

Name of eligible food pantry

D

 EIN of eligible food pantry

E

 Fair market value of the qualified donation

8-1-2025 Albany NY Food pantry 1 111444555 1,500
9-1-2025 Malta NY Food pantry 2  454545454 2,500
10-1-2025 Troy NY Food pantry 3 667766776 2,500

CT-650

Line A. Claiming credit as a corporation that earned the credit: Yes
Line B. Name and EIN of the business certified by NYS DOL to participate: CTEF44, 00219XX18
Line C. Certificate number: DOLESAC2412345
Line D. Allocation year: 2024
Line E. Total number of apprentices without a mentor: 3
Line F. Total number of apprentices with a mentor: 4
Line G. Total number of disadvantages youth without a mentor: 2
Line H. Total number of disadvantages youth with a mentor: 5

Schedule A

Line 1. Empire State apprenticeship tax credit: 35,000

Schedule B

Line 3. Total credit: 35,000

Schedule C

Line 12 Amount of credit to be applied as an overpayment to net year’s tax: 35,000

CT-661

Line A. Advance payment received during this tax year: Yes
Certificate number: AGMFEOC2400001
Line B. Claiming credit as a corporation that earned the credit: Yes
Line C. Federal gross income from farming at least 2/3 of your federal gross income from all sources in excess of $30,000: Yes
Line D. Name, EIN, and address of the farm: CTEF44, 00219XX18, 44 WA Harriman Campus, Albany, NY 12227
Line E. More than 50% federal gross income from farming from the sale of wine or cider: Yes
Line F. Total number of unique farm employees from all Forms CT-661-ATT: 2

Schedule A

Line 6. Advance payment: 300

Schedule B—No content

No content

Schedule C

Line 17. Amount to apply as an overpayment to next year’s tax: 196

CT-661-ATT

Eligible employees

A

Name of eligible farm employee

B

 Work location ZIP code

C

 SSN

D

 Pay period

Jennings Parker 12227 111222333 1-1–3-30
Walters, Barbara 12227 222333444 4-1–6-30
Overtime information

C2

SSN

E

 Eligible OT hours worked for year

F

 Employee overtime rate

G

 Employee normal rate

111222333 35 22 16
222333444 35 22 16

CT-227

Line 18. Diabetes Research and Education Fund: 150

Updated: