How to stay compliant with IT-204-LL filing requirements
Per NYS, you must file Form IT-204-LL if you're any of the following:
A limited liability company that's considered disregarded for tax purposes and has income, gain, loss, or deductions from NYS sources.
Domestic or foreign LLC’s or LLP’s that are required to file a partnership return and have income, gain, loss, or deductions from NYS sources.
A regular partnership (those not an LLC or LLP) that's required to file a partnership return, has income, gain, loss, or deductions from NYS sources and had NYS source gross income of at least one million dollars for the previous tax year.
You don't need to file Form IT-204 if you're a partnership, LLC, or LLP and:
You have no income, gain, loss or deduction from NY sources and are filing simply because you have a NY resident partner, or
You have no income, gain, loss or deduction from NY sources regardless of whether you were formed in NY or are dormant, or
You are an LLC or LLP that has elected to be treated as a corporation for federal tax purposes.
Form IT-204-LL must be electronically filed if you're filing as a partnership and you meet the following three conditions:
You prepare your tax documents on your own.
You have broadband access.
You use approved e-file tax software to prepare your return (or extension).
New York Form IT-204-LL can be e-filed using TurboTax Business. This form isn't filed with your tax return. It has to be filed separately.
If you must file Form IT-204-LL and are a disregarded entity or single member LLC, you're not required to file the form electronically. In this case, you can print off the form here, fill out the required information, include the fee and mail it in.
If you mail your form, send the completed form and payment to the following address:
State Processing Center
PO Box 15310
Albany, NY 12212-5310
