I started my business in Oct 2017 & made 10,000 in revenue but my net loss was over -8,000. Not sure what forms i have to file for the state of new york or New york city.
You'll need to sign in or create an account to connect with an expert.
It depends - If you are filing a Form 1120S for your S-Corp in 2017 for federal income tax purposes, then you would file CT-3-S for NY There is no need to also make the election to file as an S-Corp CT-6 (Fill-in), since your federal treatment will be your NY default treatment.
Is there a way to file a CT-3-S via Turbo Tax?
The TurboTax Business Edition will complete a Form 1120S and generate a Schedule K-1. The Business Edition is a separate program from the TurboTax personal editions. It will not complete a personal tax return, Form 1040. The Business Edition can only be installed on a Windows based computer, not online or on a Mac. Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/
NY state is saying since I've starting using Turbo tax in 2016, I havent filed a CT - 3- S.
Rather annoying
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
melaine999
New Member
McC96
New Member
Steve R4
New Member
zhstevenstt
New Member
carhoy07
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.