Hello,
I bought Turbotax Business from Costco - and i have 2 companies that i need to file the tax return for.
1) An business located in NY Long Island (not NYC) that is an SCorp with single owner. When I am at the state return step, it prompted me with 4 things to purchase,
- New York Corporation
- New York City Corporation
- New York S Corp
- New York City Scorp
This scorp is not in NYC, so i chose to remove the NYC Corp, and NYC SCorp. But do i still have to purchase the New York Corporation given that its an SCorp? it is $50 for each and I dont want to buy it if i dont need it. We did get 1099 from some business thats located in NYC. Does that make me having to buy the NYC S Corp?
2) A Brother + Sister in a Partnership located in NYC. When I am doing the State return, it prompted me with
- New York State Partnership Return
- New York City Partnership.
Each of these is $50 dollars, and I purchased the New York State Partnership return. Do i also need the NYC Partnership form?
thanks
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You received a 1099 from a NYC business. If you didn't fulfill their service in NYC and you have no city income you would not file a NYC return. Just get the NYS S Corp. By the way, there is no such thing as a NYC S Corp. NYC treats an S Corp like Corporation.
For the partnership, you would need to file both the city and state.
Hello. Thank you for your response.
The service we fulfilled the service from the NYC Buisness was a virtual service done on Zoom. I am guessing that does not count.
I am no longer seeing the following items after i did a turbotax update earlier this week....
- New York Corporation
- New York City Corporation
- New York S Corp
- New York City Scorp
The only thing that prompted to me now is "New York State S Corp Franchise Tax Return". Is this what you mean by NYS S Corp?
thanks
The form number is CT-3-S and it is a New York S Corporation Franchise Tax Return.
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