New York State Department of Taxation and FinanceCorporation Tax MeF Acceptance Testing System for Tax Year 2025

Test 12—CTEF33M

Blank or zero field values are not included. Fields requiring software calculations are not provided. Automated clearing house 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 employer identification number.

Test Scenario

Return type: CT-33, CT-33-M
Liability period: 01-01-2025–12-31-2025
Employer Identification Number: 00219XX12
Legal name: CTEF33M (followed by a space, then your software ID)
File number: Software calculated
Telephone number: 518-555-2626
Address: 33M WA Harriman Campus, Albany, NY 12227
State of incorporation: New York State
Date of incorporation: 11-01-1988
North American Industry Classification System business code number: 524113
New York State principal business activity: Life insurance carrier
Metropolitan Commuter Transportation District area: Yes
Line B. Federal return filed: Consolidated basis
Parent corporation name: CTEF33 Inc
Parent corporation Employer Identification Number: 111222333

Computation of tax

Line 3. Alternative tax: 1,173,542
Line 6. Life insurance company premiums: 7,489,096
Line 8. Section 1505(b) floor limitations on tax: 7,489,096
Line 10. Section 1505(a)(2) floor limitations on tax: 7,489,096

Schedule A

Allocation of reinsurance premiums when location of risks cannot be determined
A Name of ceding company	B Reinsurance premiums received	C Reinsurance allocation %
Company 1	7,445,784	25
Company 2	1,394,219	50
Company 3	451,976	100

Schedule B

Line 31. New York taxable premiums: 7,587,361
Line 33. New York premiums for annuity contacts and insurance for the elderly: 2,543,243
Line 34. New York premiums on reinsurance assumed: 3,010,532
Line 36. New York premiums ceded that are included on line 35: 5,479,252
Line 38. Total premiums: 22,426,206
Line 41. New York wages, salaries, personal service compensation, and commissions: 221,164
Line 42. Total wages, salaries, personal service compensation, and commissions: 633,093

Schedule C

Calculation and allocation of subsidiary capital
Item	Name	Employer Identification Number
A	CTEF33M-A	123123123
B	CTEF33M-B	456456456
C	CETF33M-C	789789789

Calculation and allocation of subsidiary capital
Item	B % of voting stock owned	C Average fair market value	F Allocation %
A	100	22,793,694	5.5611
B	100	2,587,995	94.0000
C	100	1,015,696	25.5000

Schedule D

Calculation and allocation of business and investment capital
Line number	Description	A Beginning of year	B End of year
Line 48	Total assets from annual statement	164,294,590	223,885,895
Line 49	Fair market value adjustment	1,999,512	1,879,207
Line 50	Non-admitted assets from annual statement	3,209,055	3,544,075
Line 52	Current liabilities	15,920,000	16,145,666
Line 56	Assets, excluding subsidiary assets included on line 54, held as reserves under New York State Insurance Law sections 1303, 1304, and 1305	82,831,860	79,245,541

Schedule E—No content

Schedule F

Officers and certain stockholders
A Name and address	B Social security number	C Official title	D Salaray and all other compensation received from the corporation
Steve Perry Journey St Unit 1, San Francisco, CA 94016	867530909	President	851,249
Neal Schon Santana Ct Unit 5, San Francisco, CA 94105	250624000	Vice president	448,708

Schedule G

Line 62. Federal taxable income before net operating loss deduction: 13,930,224
Line 63. Dividends-received and other special deductions: 12,877
Line 64. Dividends or interest income not included in line 62: 30,865
Line 68. New York State franchise tax deducted on federal return: 78,904
Line 70. Total amount of federal depreciation from form CT-399: 51,728
Line 73. Income from subsidiary capital: 3,647,197
Line 74. Fifty percent of dividends from non-subsidiary corporations: 124,972
Line 78. Total amount of New York depreciation allowed under Article 33 section 1503(b) from form CT-399: 194,722

Schedule H

Line 83. Life insurance premiums: 6,357,652
Line 84. Accident and health insurance premiums: 941,996
Line 85. Other insurance premiums: 189,448

Schedule I—No content

Schedule J

Prepayments
Date paid		Amount
Line 92	3-15-2025	41,600
Line 93	6-15-2025	20,500
Line 94	9-15-2025	20,500
Line 95	12-15-2025	20,500

Tax credits claimed

CT-33-R: 4,159
CT-33.1: 18,961

CT-33.1

Part 1—No content

Part 2—Software calculated

Part 3

Allocated CAPCO credit available for the current tax year
A Description of certified capital company	B Total allocated by the superintendent of financial services	D Accumulated credit available in prior tax years
CAPCO CREIT 1	189,610	149,255

CT-33-R

Part 1

Calculation of §1511(c) retaliatory tax credit for insurance corporations organized or domiciled in New York State
Line number	Description	A 2022	B 2023	C 2024
Line 1	Tax less credits	98,407	131,733	130,822
Line 2	Section 1511(c) retaliatory tax credit claimed in 2022 and 2023	1,283	3,865	N/A
Line 3	90% of retaliatory taxes paid in 2024 on 2022 premiums and income	N/A	N/A	N/A
Line 5	90% of retaliatory taxes paid in 2024 on 2023 premiums and income	N/A	2,112	N/A
Line 6	90% of retaliatory taxes paid in 2024 on 2024 premiums and income	N/A	N/A	2,047

Part 2—No content

Part 3—Software calculated

CT-399

Part 1—No content

Part 2

Disposition adjustments
Item	Property
A	Property One
B	Property Two
A Item	B Date placed in service	C Total depreciation deduction taken	D Total New York State depreciation taken
A	02-01-2021	229,745	35,023
B	03-01-2022	9,154	60,882

Part 3—Software calculated

CT-33-M

Line 3b. Metropolitan Commuter Transportation District Premiums included on line 3a: 2,759,051
Line 6b. Metropolitan Commuter Transportation District wages included on line 6a: 142,714

Prepayments
Date paid		Amount
Line 39	3-15-2025	2,500
Line 40a	6-15-2025	1,500
Line 40b	9-15-2025	1,500
Line 40c	12-15-2025	1,500

Updated: June 12, 2026