New York State Department of Taxation and FinanceCorporation Tax MeF Acceptance Testing System for Tax Year 2025
Test 22—CTEF604
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-3
Liability period: 01-01-2025–12-31-2025
Employer Identification Number: 00219XX22
Legal name: CTEF604 (Followed by a space, then your software ID
File number: Software calculated
Telephone number: 518-555-2626
Address: 604 WA Harriman Campus, Albany, NY 12227
State of incorporation: New York State
Date of incorporation: 01-01-2002
North American Industry Classification System business code number: 334100
Principal business activity: Computer manufacturing
Part 1
Section A
Line 1. Qualified Emerging Technology Company eligible for the lower business income base tax rate, 0% capital base tax rate, and lower Fixed Dollar Minimum: Yes
Section B
Line 1. Number of New York State employees: 71
Line 2. Wages paid to New York State employees: 3,505,000
Line 3. Number of business establishments in New York State: 1
Section C
Line 1. Federal return filed: 1120
Line 3. Required attachments: CT-3.1, CT-3.4, CT-225
Line 4. Number of tax credit forms filed with this return: 3
Part 2
Line 1c. New York receipts: 4,505,000
| Date Paid | Amounts | |
|---|---|---|
| Line 11 | 3-15-2025 | 10,000 |
| Line 12 | 6-15-2025 | 10,000 |
| Line 13 | 9-15-2025 | 9,500 |
| Line 14 | 12-15-2025 | 9,500 |
Line 24. Balance of overpayment to be refunded: 39,000
Part 3
Line 1. Federal Taxable Income before Net Operating Loss and special deductions: 3,255,000
Part 4
| Line number | Description |
A Beginning of year |
B End of year |
|---|---|---|---|
| Line 1 | Total assets from federal return | 62,500,000 | 65,000,000 |
| Line 6 | Total liabilities | 9,000,000 | 11,000,000 |
Part 5—Software calculated
No content
Part 6
| Line number | Description |
A New York State |
B Everywhere |
|---|---|---|---|
| Line 1 | Sales of tangible personal property | 3,490,000 | 4,245,000 |
| Line 4 | Rentals of real and tangible personal property | 1,005,000 | 2,495,000 |
|
Line 44 |
Global intagible low-taxed income | 0 | 2,755,000 |
Part 7—Software calculated
No content
CT-3.1
Schedule A—No content
No content
Schedule B—Software calculated
No content
Schedule C—Software calculated
No content
Schedule D—No content
No content
Schedule E
Part 2
| Item |
A Name/CUSIP/CINS/lot number |
B Number of shares acquired |
C Date acquired |
||
|---|---|---|---|---|---|
| A | Stocks-S1CUSIP31-Lot 19 | 175,000 | 02-01-2022 | ||
| Item |
D Number of shares sold |
E Date sold |
F Average Fair Market Value |
G Liabilities attributable |
H Net average Fair Market Value |
| A | N/A | N/A | 5,000,000 | 2,500,000 | 2,500,000 |
Schedule F—No content
No content
CT-3.4
Line 5a. Net Operating Loss carryforward from prior year’s Form CT-3.4: 525,000
|
A Tax period beginning and ending dates |
B Amount from 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 Net Operating Loss used to reduce the amount in column B |
|---|---|---|
| 01-01-2025–12-31-2025 | 1,962,272 | 12-31-2023 |
| 01-01-2024–12-31-2025 | 250,000 | N/A |
| 01-01-2023–2-31-2023 | -700,000 | N/A |
| 01-01-2022–12-31-2022 | 6,500,000 | N/A |
|
01-01-2021–12-31-2021 |
4,000,000 | 12-31-2020 |
| 01-01-2020–12-31-2020 | -100,000 | N/A |
| 01-01-2019–12-31-2019 | 1,500,000 | N/A |
| 01-01-2018–12-31-2018 | 2,000,000 | N/A |
| 01-01-2017–12-31-2017 | 500,000 | N/A |
CT-225
Schedule A
Part 1
| Line number | Modification Number | Amount |
|---|---|---|
| 1a | A-110 | 565,000 |
| 1b | A-502 | 175,000 |
| 1c | A-505 | 150,000 |
Schedule B—No content
No content
CT-224
Schedule A
Line 1. Federal depreciation deduction for transition property: 75,000
Line 2. Federal loss on the sale of transition property: 100,000
Schedule B—No content
No content
CT-604
Schedule A-G—No content
No content
Schedule H
Part 1
| Current tax year employment number | March 31 | June 30 | September 30 | December 31 | ||
|---|---|---|---|---|---|---|
| Number of full-time employees within all Empire Zones | 66 | 66 | 76 | 76 | ||
| Base Period Employment number | Tax year ending | March 31 | June 30 | September 30 | December 31 | |
| A | Number in base year 1 | 12-11 | 20 | 20 | 21 | 19 |
| B | Number in base year 2 | 12-10 | 18 | 17 | 16 | 13 |
| C | Number in base year 3 | 12-09 | 20 | 16 | 15 | 12 |
| D | Number in base year 4 | 12-08 | 15 | 16 | 19 | 10 |
Schedule I
| Test year 01-11 to 12-11 | March 31 | June 30 | September 30 | December 31 |
|---|---|---|---|---|
| Number of employees within the Empire Zones | 29 | 29 | 28 | 26 |
Schedule J
Line 38. Current tax year employment number within the Empire Zones in which you are certified: 71
Schedule K
| Line number | Description |
A Empire Zone |
B New York State |
|---|---|---|---|
| Line 44 | Average value of property | 21,500,000 | 21,500,000 |
| Line 46 | Wages and other compensation of employees, excluding general executive officers | 3,505,000 | 3,505,000 |
Schedule L
Line 50. Tax year of the business tax benefit period: 11
Line 50. Benefit period factor: 1.0000
Schedule M—No content
No content
CT-651
Line A. Claiming this credit as a corporation that earned the credit: Yes
Line B. Name and Employer Identification Number of business certified by New York State Office of Addiction Services and Support to participate in Recovery Tax Credit Program: CTEF604, 00219XX22
Line C. Certificate number: OASARTC2412345
Line D. Number of eligible employees for which the recovery tax credit is being claimed: 5
Schedule A
Line 1. Recovery tax credit: 7,750
Schedule B—Software calculated
No content
Schedule C
Line 11. Amount of credit to be refunded: 7,750
DTF-621
Year for which you are claiming the Qualified Emerging Technology Company employment credit: 2nd
Schedule A
Line 1. Is this company located in New York State: Yes
Line 2. Are the total annual product sales of the company $10,000,000 or less: Yes
Line 3. Does the company have Research and Development activities in New York State: Yes
Line 4. Amount of Research and Development funds: 1,350,000
Line 5. Amount of net sales: 4,600,000
| Calculation of average number of full-time employees in New York State for the current tax year and three-year base period | ||||
|---|---|---|---|---|
| Current tax year | March 31 | June 30 | September 30 | December 31 |
| Number of full-time employees in New York State | 75 | 77 | 78 | 78 |
| Number of full-time employees in New York State for three-year base period | March 31 | June 30 | September 30 | December 31 |
|---|---|---|---|---|
| First year | 55 | 55 | 60 | 60 |
| Second year | 50 | 55 | 55 | 55 |
| Third year | 50 | 50 | 50 | 55 |
Schedule B
| Employee's name | Social Security Number |
|---|---|
| Carlos Santana | 222333444 |
| Steve Vaughn | 333444555 |
| Joe Satriani | 444665666 |
| Joe Bonamassa | 555666777 |
| Edward VanHalen | 666777888 |
| Frank Zappa | 777888999 |
Schedule C—Software calculated
No content
Schedule D
Line 35. Amount of unused credit on line 34 to be refunded: 22,830