Calculate apportionment
Corporations need to complete the computation of business apportionment factor section, even if the business allocation percentage is 100%, to report the computation of the New York State receipts used to determine the fixed dollar minimum tax. Per the Form CT-3 and Form CT-3-S instructions, the corporation’s New York receipts determine the fixed dollar minimum tax. New York receipts are the receipts included in the numerator of the apportionment factor as determined in Form CT-3, Part 6, or Form CT-3-S, Part 3.
Follow these steps to enter amounts for apportionment.
- SelectView, thenApportionment.noteInformation that applies to Sections 210-A.2, 210-A.3, 210-A.4, 210-A.10 displays in the grid.
- For fields in the New York column that display anSindicating a statement:
- Open the statement window.
- Select the correct code.
- Enter a description.
- Complete bothNew York StateandEverywhere.
- Enter all other information in the alternate apportionment fieldsSection 210-A.5orSection 210A.6 - Section 210-A.9.
- If you enter data in theNo receipts required to be included in the denominatorstatement window, Form CT-3 or Form CT-3-S, Part 6, marks the box to indicate that receipts aren't needed in the denominator of the apportionment factor. A statement with the entered information prints with the return.
Related Content
-
Apportionment calculation
Format:
Article
