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New York Free Printable Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32 for 2024 New York Banking Corporation Franchise Tax Return

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Form CT-32 is obsolete, and is no longer supported by the New York Department of Revenue.

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Banking Corporation Franchise Tax Return
Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

Important Effective for tax years beginning on or after January 1, 2015, Article 32 of the Tax Law is repealed. Corporations that were previously taxable under Article 32 are now subject to tax under Article 9-A of the Tax Law. As a result, corporations previously taxable under Article 32 will no longer file Form(s) CT-32, CT-32-A, CT-32-M, and CT-32-S to report for tax periods beginning on or after this date. For tax years beginning in 2015, including short periods, all corporations subject to tax under Article 9-A (including former Article 32 taxpayers) must file using the following forms, as applicable: • • • • 2015 Form CT-3, General Business Corporation Franchise Tax Return 2015 Form CT-3-A, General Business Corporation Combined Franchise Tax Return 2015 Form CT-3-M, General Business Corporation MTA Surcharge Return 2015 Form CT-3-S, New York S Corporation Franchise Tax Return Any return filed on an incorrect form, or on a form for the wrong year, will not be processed. As a result, penalties and interest may be incurred. An exception to this rule applies to certain New York S corporations filing for a short period beginning in 2015. Guidance concerning this exception will be issued in the near future. Click here to open the corporate tax reform Web page CT-32 New York State Department of Taxation and Finance Banking Corporation Franchise Tax Return Tax Law — Article 32 All filers must enter tax period: beginning Amended return Employer identification number (EIN) File number If address/phone below is new, mark an X in the box Legal name of corporation Business telephone number If you claim an overpayment, mark an X in the box (   ) Trade name/DBA Mailing name (if different from legal name above) c/o City State ZIP code Foreign corporations: date began business in NYS If you need to update your address or phone information for corporation tax, or other tax types, you can do so online. See Business information in Form CT-1. ZIP code (U.S. headquarters) Date received (for Tax Department use only)   County code NAICS business code number (from NYS Pub 910) Date of incorporation State or country of incorporation Number and street or PO box NYS principal business activity ending Audit (for Tax Department use only) Name of country (foreign headquarters) or New York assets Type of bank Clearinghouse Savings Other commercial Total assets everywhere If the IRS has completed an audit of any of your returns in the past 5 years, .   list years During the tax year, did you do business in the Metropolitan Commuter Transportation District (MCTD)? ............... Yes No   If Yes, you must file Form CT-32-M. You must mark an X in one of the following two checkboxes (see instructions):   If this is a final return, mark an X in this box ......................................................................................................................................   If you will be filing under Article 9-A for your tax period first beginning on or after January 1, 2015, mark an X in this box ............ A. Pay amount shown on line 15. Make payable to: New York State Corporation Tax Attach your payment here. Detach all check stubs. (See instructions for details.) A Payment enclosed B. Federal return filed: (mark an X in one box)   Attach a complete copy of your federal return. Form 1120 Form 1120F Consolidated basis Other: C. If you included a qualified subchapter S subsidiary (QSSS) in this return, mark an X in the box and attach Form CT-60-QSSS.......... D. Are you a member of a federal consolidated group?........................................................................................... Yes     If Yes, complete items a through c below. No   a. Number of corporations included in the federal consolidated group..............................................   b. Total consolidated federal taxable income (FTI) before the net operating loss (NOL) deduction....   c. If 65% or more of the voting stock of this corporation is owned or controlled, directly or indirectly,   by another corporation, give the name and EIN of that corporation below. Legal name of corporation EIN E. If you are an authorized foreign bank holding company or an authorized foreign corporation that is 65% or more owned by .a   banking corporation or a bank holding company as defined in the instructions under Who must file, item D, mark box........ F. Did you include any disregarded entities in this return? ( mark an X in the appropriate box )............................... Yes No   If Yes, enter the name(s) and EIN(s) on Form CT-60-QSSS and attach it to your return. 420001140094 G. Are you a residual interest holder in a real estate mortgage investment   conduit (REMIC)? (mark an X in one box) ......................................................... Yes No Page 2 of 10  CT-32 (2014) Schedule A – Computation of tax and installment payments of estimated tax 1 Allocated taxable entire net income (ENI) (enter amount from   line 61, and multiply by the tax rate of 7.1% (.071)) ..................... × .071 2 Allocated taxable alternative ENI from line 69 (see instructions). × .03 3 Allocated taxable assets (enter amount from line 73..................................   and multiply by the appropriate tax rate; mark an X in the box; see instr.) .00002 .00004 .0001 . ... 4 Fixed minimum tax........................................................................................................................ 5 Franchise tax (amount from line 1, 2, 3, or 4, whichever is largest) ...................................................... 6 Tax credits (see instructions) ........................................................................................................... 7 Net franchise tax (subtract line 6 from line 5; see instructions) ........................................................... 8a 8b 9 10 11 12 13 14 15 16 17 18 19 20a 20b 20c 21 1 2 3 4 5 6 7 250  00 First installment of estimated tax for next period: If you filed an application for extension, enter amount from Form CT-5, line 2........................... 8a If you did not file Form CT-5 and line 7 is over $1,000, see instructions .................................... 8b Total (add line 7 and line 8a or 8b) ..................................................................................................... 9 Total prepayments from line 167.................................................................................................. 10 Balance (if line 10 is less than line 9, subtract line 10 from line 9) .......................................................... 11 Estimated tax penalty (see instructions; mark an X in the box if Form CT-222 is attached) .......... 12 Interest on late payment (see instructions) ..................................................................................... 13 Late filing and late payment penalties (see instructions) ................................................................ 14 Balance due (add lines 11 through 14 and enter here; enter payment amount on line A on page 1) ......... 15 Overpayment (if line 9 is less than line 10, subtract line 9 from line 10) ................................................. 16 Amount of overpayment to be credited to the next period.......................................................... 17 Balance of overpayment (subtract line 17 from line 16) .................................................................... 18 Amount of overpayment to be credited to Form CT-32-M........................................................... 19 Refund of overpayment (subtract line 19 from line 18) ..................................................................... 20a Refund of unused tax credits (see instructions) .............................................................................. 20b Tax credits to be credited as an overpayment to next year’s tax return (see instructions)............. 20c Issuer’s allocation percentage (see instructions; show computation on page 9) ................................. 21 % Schedule B – Computation and allocation of ENI 22 FTI before NOL and special deductions (see instructions). ............................................................ Additions 23 Dividends and interest effectively connected with the conduct of a trade or business   not included on line 22 by alien corporations (see instructions) ................................................. 24 Income effectively connected with the conduct of a trade or business not included on   line 22 by alien corporations (see instructions) ........................................................................... 25 Dividends and interest not included on line 22 by non-alien corporations (see instructions)......... 26 Income taxes paid to the United States, its possessions, or foreign countries, deducted on   federal return (see instructions). ................................................................................................. 27 New York State franchise, MTA surcharges, and Article 23 MCTMT taxes deducted on federal return (see instr.). 28 Total federal depreciation from Form CT-399 and, if applicable, from lines 76 and 78 (see instr.) . 29 New York State gains or losses on disposition of property from line 80....................................... 30 Amount deducted on your federal return as a result of a safe harbor lease (see instructions)....... 31 Amount that would have been required to be included on your federal return except for a   safe harbor lease (see instructions)............................................................................................. 32 Amount of special additional mortgage recording tax deducted on your federal return and   claimed as a tax credit (see instructions)..................................................................................... 33 Any other federal deduction previously allowable as a deduction under Article 9-B or 9-C   (attach explanation) ...................................................................................................................... 34 35 36 Other additions (see instructions) IRC section 199 deduction: . .... 37 Total additions (add lines 23 through 36) ........................................................................................... 22 23 24 25 26 27 28 29 30 31 32 33 36 37 (continued) 420002140094   CT-32 (2014)  Page 3 of 10 Schedule B – Computation and allocation of ENI (continued) Subtractions 38 Interest and other expenses not deducted on federal return that are applicable to   lines 23, 24, and 25 (see instructions). ........................................................................................ 38 39 Enter total amount of allowable New York depreciation from Form CT-399 and, if applicable,   from line 79 (see instructions) ..................................................................................................... 39 40 Federal gains or losses on disposition of property from lines 81 and 83...................................... 40 41 Federal income or gain from installment method transactions under Article 9-B or 9-C (see instr.). 41 42 IRC section 78 dividends included in the computation of lines 22 through 25............................ 42 43 Amount included on your federal return as a result of a safe harbor lease (see instructions). ....... 43 44 Amount that would have been deducted on your federal return except for safe harbor lease (see instr.). 44 45 Amount of wages not deducted on the federal return due to IRC section 280C (see instructions) . 45 46 Amount of money received from the FDIC, FSLIC, or RTC (see instructions) ................................ 46 × 17% (.17) 47 47 Interest income from subsidiary capital (attach list; see instr.). $ × 60% (.6) 48 48 Dividend income from subsidiary capital (see instr.) ....... $ × 60% (.6) 49 Net gains from subsidiary capital (see instructions).......... $ 49 50 Interest income on obligations of New York State, its political subdivisions,   and the United States (attach list; see instructions).......... $ × 22½% (.225) 50 51 Adjusted eligible net income of an international banking facility (IBF) from line 107 (see instructions) 51 52 53 54 55 56 New York State NOL deduction (see instructions) .......................................................................... 56 57 Other subtractions (see instr.) S-4 S-6 57   58 Total subtractions (add lines 38 through 57) .................................................................................... 58 59a ENI (add line 22 and line 37; subtract line 58) ..................................................................................... 59a % from line 131 or line 123).................................... 59b 59b Allocated ENI (multiply line 59a by 60 Optional depreciation adjustments (add lines 77 and 82; see instructions) ........................................ 60 61 Allocated taxable ENI (line 59b plus or minus line 60; enter on Schedule A, next to line 1) ..................... 61 Schedule C — Computation and allocation of alternative ENI 62 ENI from line 59a (see instructions).................................................................................................. 63 Interest income from subsidiary capital from line 47.................................................................... 64 Dividend income and net gain from subsidiary capital from lines 48 and 49............................... 65 Interest income on obligations of New York State, its political subdivisions, and the United States,   from line 50................................................................................................................................ 66 Alternative ENI (add lines 62 through 65) .......................................................................................... 67 Allocated alternative ENI: (multiply line 66 by % from line 137 or line 123).................. 68 Optional depreciation adjustments from line 60............................................................................ 69 Allocated taxable alternative ENI (line 67 plus or minus line 68; enter here and on   Schedule A, next to line 2).............................................................................................................. 420003140094 62 63 64 65 66 67 68 69 Page 4 of 10  CT-32 (2014) Schedule D — Computation of taxable assets and tax rate (see instructions) 70 Average value of total assets (see instructions)................................................................................ 71 Money or other property received from the FDIC, FSLIC, or RTC (see instructions) ........................ 72 Taxable assets (subtract line 71 from line 70) ....................................................................................... 73 Allocated taxable assets: (multiply line 72 by % from line 161 or line 153;   enter here and on Schedule A, next to line 3) .................................................................................... 74 Compute net worth ratio (see instructions):  Net worth on last day of the tax year   = Total assets on last day of the tax year   .............. Average quarterly balance of mortgages  = 75 Compute percentage of mortgages   included in total assets (see instructions): Average quarterly balance of total assets   .......... 70 71 72 73 74 % 75 % Tax rates Use the chart below to determine your tax rate. This rate must be used to compute the alternative minimum tax measured by taxable assets. You must meet both the net worth ratio and percentage of mortgages included in the total assets requirements to qualify for the lower tax rates. Mark an X in the appropriate box in the last column and use this rate on line 3. If the net worth ratio (from line 74) is: And the % of mortgages included in total assets (from line 75) is: The tax rate is: Less than 4% At least 4% but less than 5% All others 33% or more 33% or more All others .00002 .00004 .0001 Indicate the appropriate rate Schedule E — Depreciation on certain property when method differs from federal (see instructions) Part 1 — Depreciation on qualified New York property acquired between January 1, 1964, and December 31, 1967 (list each property and the date acquired here; for each property, complete columns C through H on the corresponding lines below; see instructions) Item A  Description of property A B C D E C Item Cost D Federal depreciation prior years E F G Federal depreciation New York depreciation New York depreciation this year prior years this year A B C D E Totals 76 Add column E amounts   Combine this total with line 78, and enter on line 28. 77 Add column G amounts   Combine this total with line 82, and enter on line 60. 420004140094 B Date acquired H Undepreciated balance   CT-32 (2014)  Page 5 of 10 Part 2— Other property on which New York depreciation differs from federal (see instructions) A  Description of property Item A B C D E C Item Cost D Federal depreciation prior years B Date acquired E F G Federal depreciation New York depreciation New York depreciation this year prior years this year H Undepreciated balance A B C D E Totals 78 Add column E amounts   Combine this total with line 76, and enter on line 28. 79 Add Part 2 column G amounts; enter on line 39 Schedule F — Computation of New York gain or loss on disposition of certain property acquired prior to January 1, 1973 (see instructions) Part 1 — Property acquired prior to: 1/1/26 by commercial banks; 1/1/44 by savings banks; 1/1/53 by savings and loan associations A Description of property B C Cost or fair market price Selling price on valuation date D New York gain or loss (column C - column B) E Federal gain or loss Totals (use minus (-) sign to indicate negative amount) 80 Add column D amounts; enter on line 29 81 Add column E amounts; combine this total with line 83, and enter on line 40 Part 2 — Property on which optional depreciation was claimed or on which the method used for New York State differed from federal depreciation deducted A Description of property B C Depreciation basis for Selling price New York State Totals (use minus (-) sign to indicate negative amount) 82 Add column D amounts; combine this total with line 77, and enter on line 60 83 Add column E amounts; combine this total with line 81, and enter on line 40 420005140094 D New York gain or loss (column C - column B) E Federal gain or loss Page 6 of 10  CT-32 (2014) Schedule G — Computation of IBF adjusted eligible net income or loss (see instructions) If the corporation has an IBF located in New York State, mark an X in the appropriate box below. The corporation computed ENI using the: IBF modification method or IBF formula allocation method Computation of eligible gross income 84 Interest income from eligible loans................................................................................................ 85 Interest income from eligible deposits........................................................................................... 86 Income from foreign exchange trading and hedging transactions................................................ 87 Fee income from eligible transactions........................................................................................... 88 Eligible gross income (add lines 84 through 87) ................................................................................ 84 85 86 87 88 Computation of applicable expenses 89 Direct expenses............................................................................................................................. 89 90 Indirect expenses.......................................................................................................................... 90 91 Total applicable expenses (add lines 89 and 90) ................................................................................ 91 Computation of ineligible funding amount 92 Eligible net income (subtract line 91 from line 88) ................................................................................ 93 Average aggregate liabilities and other sources of funds of the IBF that are not owed to   or received from foreign persons............................................................................................... 94 Average aggregate liabilities and other sources of funds of the IBF............................................. 95 Divide line 93 by line 94................................................................................................................... 96 Ineligible funding amount (multiply line 92 by line 95) ......................................................................... 97 Remaining amount (subtract line 96 from line 92; also enter on line 105) ................................................ Computation of floor amount and adjusted eligible net income or loss 98 Average aggregate amount of loans to and deposits with foreign persons in financial accounts   within New York State for tax years 1975, 1976, and 1977....................................................... 99 Statutory percentage for the current tax year............................................................................... 100 Multiply line 98 by line 99................................................................................................................ 101 Average aggregate amount of loans to and deposits with foreign persons in financial accounts   within New York State (other than IBF) for the current tax year................................................. 102 Balance (subtract line 101 from line 100) ............................................................................................. 103 Average aggregate amount of loans to and deposits with foreign persons in financial   accounts of the IBF for the current tax year.............................................................................. 104 Enter 100 or the percentage obtained by dividing line 102 by line 103, whichever is less............. 105 Remaining amount (enter amount from line 97) ................................................................................. 106 Floor amount (multiply line 104 by line 105) ......................................................................................... 107 Adjusted eligible net income or loss (subtract line 106 from line 105; also enter on line 51) ...................... 420006140094 92 93 94 95 96 97 % 98 99 100 % 101 102 103 104 105 106 107 %   CT-32 (2014)  Page 7 of 10 Schedule H — Allocation percentages (see instructions) Are you a banking corporation described in Tax Law, Article 32, section 1452(a)(9)?........................................... Yes Are you substantially engaged in providing management, administrative, or distribution services to an   investment company as such terms are defined in Tax Law, Article 32, section 1454(a)(2)(G)?........................ Yes No No If you answered Yes to both questions, then you must allocate using the receipts factor (see Receipts factor in instructions). Part 1 — Computation of ENI allocation If the corporation has an IBF located in New York State, mark an X in the appropriate box below (see Schedule G instructions). The corporation computed ENI using the: IBF modification method or IBF formula allocation method If you are claiming an allocation outside New York, attach an explanation of the business carried on outside New York that gives you the right to allocate. 108 Wages, salaries, and other compensation of employees (except   general executive officers)............................................................... 108 109 Multiply line 108, column A, by 80% (.8)............................................ 109 110 Percentage in New York (divide line 109, column A, by line 108, column B) . 110 Receipts during the tax period from: 111 Interest income from loans and financing leases............................... 111 112 Other income from loans and financing leases.................................. 112 113 Lease transactions and rents............................................................. 113 114 Interest from bank, credit, travel, entertainment, and other credit   card receivables ............................................................................ 114 115 Service charges and fees from bank, credit, travel, entertainment,   and other credit cards .................................................................... 115 116 Receipts from merchant discounts.................................................... 116 117 Income from trading activities and investment activities................... 117 118 Fees or charges from letters of credit, traveler’s checks, and   money orders .................................................................................. 118 119 Performance of services..................................................................... 119 120 Royalties............................................................................................. 120 121 All other business receipts................................................................. 121 122 Total (add lines 111 through 121) ............................................................ 122 123 Percentage in New York (see instructions) ............................................. 123 124 Additional receipts factor (enter percentage from line 123) ...................... 124 Deposits maintained in branches 125 Deposits of $100,000 or more............................................................ 125 126 Deposits of less than $100,000.......................................................... 126 127 Add lines 125 and 126........................................................................ 127 128 Percentage in New York (divide line 127, column A, by line 127, column B) ..... 128 129 Additional deposits factor (enter percentage from line 128) ...................... 129 130 Total of New York percentages (add lines 110, 123, 124, 128, and 129)..... 130 131 ENI allocation percentage (see instructions) ........................................... 131 Part 2 — Computation of alternative ENI allocation 132 Wages, salaries, and other compensation of employees (except   general executive officers).............................................................. 132 133 Percentage in New York State (divide line 132, column A, by line 132, column B)  133 134 Receipts factor (enter percentage from line 123) ...................................... 134 135 Deposits factor (enter percentage from line 128) ...................................... 135 136 Add lines 133, 134, and 135 . .............................................................. 136 137 Alternative ENI allocation percentage (see instructions) ......................... 137 420007140094 A New York State B Everywhere % % % % % % % % % % % % Page 8 of 10  CT-32 (2014) Part 3 — Computation of taxable assets allocation Include all activities of an IBF in both the numerator (column A) and denominator (column B) when computing the taxable asset allocation A New York State B Everywhere 138 Wages, salaries, and other compensation of employees (except   general executive officers)................................................................ 138 139 Multiply line 138, column A, by 80% (.8)............................................ 139 140 Percentage in New York (divide line 139, column A, by line 138, column B) ..... 140 Receipts during the tax period from: 141 Interest income from loans and financing leases............................... 141 142 Other income from loans and financing leases.................................. 142 143 Lease transactions and rents............................................................. 143 144 Interest from bank, credit, travel, entertainment, and other credit   card receivables ............................................................................. 144 145 Service charges and fees from bank, credit, travel, entertainment,   and other credit cards .................................................................... 145 146 Receipts from merchant discounts.................................................... 146 147 Income from trading activities and investment activities................... 147 148 Fees or charges from letters of credit, traveler’s checks, and money orders.... 148 149 Performance of services..................................................................... 149 150 Royalties............................................................................................. 150 151 All other business receipts................................................................. 151 152 Total (add lines 141 through 151)............................................................ 152 153 Percentage in New York (see instructions) .............................................. 153 154 Additional receipts factor (enter percentage from line 153) . ..................... 154 Deposits maintained in branches 155 Deposits of $100,000 or more............................................................ 155 156 Deposits of less than $100,000.......................................................... 156 157 Add lines 155 and 156........................................................................ 157 158 Percentage in New York (divide line 157, column A, by line 157, column B)..... 158 159 Additional deposits factor (enter percentage from line 158) . .................... 159 160 Total of New York percentages (add lines 140, 153, 154, 158, and 159)..... 160 161 Taxable assets allocation percentage (see instructions)......................... 161 Composition of prepayments on Schedule A, line 10 (see instructions) 162 163a 163b 163c 164 165 166 167 Date paid Mandatory first installment.................................................................................. 162 Second installment from Form CT-400................................................................ 163a Third installment from Form CT-400.................................................................... 163b Fourth installment from Form CT-400.................................................................. 163c Payment with extension request from Form CT-5, line 5.................................... 164 Overpayment credited from prior years (see instructions)................................................................. 165 Overpayment credited from Form CT-32-M.................................................................................... 166 Total prepayments (add lines 162 through 166; enter here and on line 10) .............................................. 167 420008140094 % % % % % % % Amount   CT-32 (2014)  Page 9 of 10 Computation of the issuer’s allocation percentage — Complete Method 1, 2, or 3 (see instructions) Method 1 — Enter the alternative ENI allocation percentage from   line 137 (enter here and on line 21) ............................................................................................... Method 2 — A New York State gross income.................................................... $ B Worldwide gross income............................................................ $ Divide line A by line B (enter here and on line 21) ................................................................................................. % % Method 3 — Computation of subsidiary capital allocated to New York State — Attach separate sheets displaying this information formatted as below, if necessary. A — Description of subsidiary capital (list the name of each corporation and the EIN here; for each corporation, complete columns B through G on the corresponding lines below; see instructions) Item A B C D E F G A Item Name B Voting stock owned % C Average value of subsidiary capital (see instructions) D Current liabilities attributable to subsidiary capital EIN E Net average value (col. C – col. D) (see instructions) F Issuer’s allocation % (see instr.) G Value allocated to New York State (col. E × col. F) A B C D E F G Amounts from attached list 168  Totals........................................................................................ 168 Method 3 — Computation of business capital allocated to New York State 169 Average value of total assets from line 70....................................................................................... 170 Current liabilities (see instructions).................................................. 170 171 Total net average value of subsidiary capital from line 168, column E 171 172 Net business assets (subtract lines 170 and 171 from line 169) ............................................................ 173 Enter the alternative ENI allocation percentage from line 137........................................................ 174 Business assets allocated to New York State (multiply line 172 by line 173) ....................................... Method 3 — Computation of issuer’s allocation percentage 175 Subsidiary capital and business capital allocated to New York State (add line 168, column G and line 174) ..... 176 Total worldwide capital (see instructions) ........................................................................................... 177 Issuer’s allocation percentage (divide line 175 by line 176; enter here and on line 21) .......................... 420009140094 169 172 173 174 175 176 177 % % Page 10 of 10  CT-32 (2014) Summary of tax credits claimed on line 6 against current year’s franchise tax (attach applicable forms; see instructions for line 6) Have you been convicted of an offense, or are you an owner of an entity convicted of an offense, defined in   New York State Penal Law Article 200 or 496, or section 195.20? (see Form CT-1; mark an X in one box) . .................. Yes Form CT-41.... Form CT-43.... Form CT-44.... Form CT-238 Form CT-249 Form CT-250 Form CT-259 Form CT-501 Form CT-502 No Form CT-613 .... Form CT-631 .... Form CT-633 .... Form CT-634 .... Form CT-639 .... Form DTF-624 Form DTF-630 Form CT-601.... Form CT-601.1. Form CT-602.... Form CT-604.... Form CT-606.... Form CT-607.... Form CT-611.... Form CT-611.1. Form CT-612.... Credit for servicing mortgages (attach statement) Other credits . ... 178 Total of credits listed above (enter here and on line 6 indicating a negative total with a minus (-) sign;   attach appropriate form or statement for each credit claimed) ............................................................ 179 Total tax credits claimed on line 178 that are refund eligible (see instructions)............................... 178 179 Amended return information If filing an amended return, mark an X in the box for any items that apply and attach documentation. Final federal determination . .............. If marked, enter date of determination: Capital loss carryback........................ Federal return filed..............Form 1139 Form 1120X...... Net operating loss (NOL) information New York State NOL carryover total available for use this tax year from all prior tax years . ......................... Federal NOL carryover total available for use this tax year from all prior tax years......................................... New York State NOL carryforward total for future tax years............................................................................ Federal NOL carryforward total for future tax years......................................................................................... Designee’s name (print) Third – party Yes No designee Designee’s e-mail address Designee’s phone number ( (see instructions) ) PIN Certification: I certify that this return and any attachments are to the best of my knowledge and belief true, correct, and complete. Authorized person Paid preparer use only (see instr.) Printed name of authorized person Signature of authorized person E-mail address of authorized person Telephone number ( Firm’s name (or yours if self-employed) Signature of individual preparing this return Address E-mail address of individual preparing this return See instructions for where to file. 420010140094 Official title ) Firm’s EIN Date Preparer’s PTIN or SSN City Preparer’s NYTPRIN State Date ZIP code
Extracted from PDF file 2021-new-york-form-ct-32.pdf, last modified November 2013

More about the New York Form CT-32 Corporate Income Tax

We last updated the Banking Corporation Franchise Tax Return in March 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the New York Department of Taxation and Finance. You can print other New York tax forms here.


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Related New York Corporate Income Tax Forms:

TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New York Form CT-32.

Form Code Form Name
Form CT-324 Schedule of Optional Depreciation on Qualified New York Property
Form CT-32-A Banking Corporation Combined Franchise Tax Return
Form CT-32-A/B (Obsolete) Combined Group Detail Spreadsheet
Form CT-32-A/C (Obsolete) Report by a Banking Corporation Included in a Combined Franchise Tax Return
Form CT-32-M (Obsolete) Banking Corporation MTA Surcharge Return
Form CT-32-S (Obsolete) New York Bank S Corporation Franchise Tax Return

Download all NY tax forms View all 272 New York Income Tax Forms


Form Sources:

New York usually releases forms for the current tax year between January and April. We last updated New York Form CT-32 from the Department of Taxation and Finance in March 2022.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of New York Form CT-32

We have a total of eleven past-year versions of Form CT-32 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2021 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2020 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2019 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2018 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2017 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2016 Form CT-32

Form CT-32:2014: Banking Corporation Franchise Tax Return, ct32

2015 Form CT-32

Form CT-32-S:2014: New York Bank S Corporation Franchise Tax Return, ct32s

Banking Corporation Franchise Tax Return 2014 Form CT-32

Form CT-32:2014:Banking Corporation Franchise Tax Return:ct32

Banking Corporation Franchise Tax Return 2013 Form CT-32

Form CT-32:2013:Banking Corporation Franchise Tax Return:ct32

2012 Form CT-32

Form CT-32:2012:Banking Corporation Franchise Tax Return:ct32

2011 Form CT-32

Form CT-32:2011:Banking Corporation Franchise Tax Return:CT32


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