Filing Form IT-204-LL: 1065 New York (NY)
Adding Form IT-204-LL
You can add Form IT-204-LL to a partnership return by marking the
Filing fee
box. Select File
, thenClient Properties
, followed by the New York
tab. An LLC/LLP doesn't need to file Form IT-204-LL if they don't owe a fee. Enter
X
in the Entity did not have any income, gain, loss, or deduction from NYS during the tax year
field on the NYGen screen in the New york General input folder to suppress the fee from calculating on Form IT-204-LL. Filing deadline
If a fee isn't owed, Form IT-204-LL doesn't have to be filed. If it is owed, then it's due on March 15th for calendar year taxpayers and there is no extension of time to file. If you file the return after the due date it's subject to penalties and interest for late filing, which New York will assess. You can find the total penalty and interest on the bottom of Form IT-204-LL.
The filing instructions also list the total of both the line 5 filing fee due plus the total penalty and interest. You are expected to pay this amount with the return via electronic funds withdrawal (EFW).
note
You can still electronically file Form IT-204-LL if it is late.
Filing state and federal returns
To suppress printing or e-filing Form IT-204-LL:
- Go to the NY input, to the LLC/LLP folder.
- Use either theSuppress partnership IT-204-LL electronic file onlyorSuppress all units of IT-204-LL electronic filesfields. Don't remove this return underClient Properties. If you do, the return will not proforma.
To print and e-file only Form IT-204-LL and suppress the federal return:
- Go to the Federal Electronic Filing input folder
- Open the ELF screen
- Mark theSuppress the creation of: Federal ptrshp electronic files when only filing the FinCEN114 or a state return or extension electronicallyfield to prevent the Federal return from printing.
- Go the NY Electronic Filing input folder
- Open the ELF screen
- Mark theSuppress New York partnership return electronic file when filing federal return electronicallyfield.
