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Corporation Tax Up-To-Date Information for 2008 (Articles 9, 9-A, 32, and 33)  
 
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The following changes were not reflected on the forms for 2008 when they went to print.

Select a tax form from the following list to identify the changes affecting that form. If a form is not listed, there have been no changes affecting that form.
 
blueball image CT-3/4-I and CT-3-A-I
 
blueball image CT-47-I
 
blueball image CT-601, CT-603, CT-604, CT-604-CP,CT-605,CT-606
 
   

blueball image CT-3/4-I and CT-3-A-I

As a result of a federal law change, the instructions for Form CT-4, lines 7 and 25; Form CT-3, lines 13 and 58; and Form CT-3-A, lines 13 and 58 should be read to include the following new federal net operating loss (NOL) carryback provision:

For NOLs incurred in tax years beginning or ending in 2008, the NOL may be carried back three, four, or five years for eligible small businesses. For specific details of this provision, see the Internal Revenue Services' Revenue Procedure 2009-19.

Note: All other carryback rules included in the lines referenced above remain unchanged and are still applicable.

 
blueball image CT-47-I

As a result of changes made to federal Form 4684, Casualties and Thefts, all references to lines 31 and 38a of Form 4684 should be to lines 37 and 44a of the form.
 
blueball image CT-601, CT-603, CT-604, CT-604-CP, CT-605, CT-606

Recent legislation requires all taxpayers filing these forms to attach a retention certificate issued by Empire State Development.

For additional information see, TSB-M-09(5)C,(4)I, Legislative Changes to the Empire Zone Program for details.
 
   

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Last Modified:  May 1, 2009