20 NYCRR § 7-2.5

Time for filing declaration of estimated tax for short taxable year

Official textus-ny/regstax.ny.gov

In the case of a short taxable year of more than five months, the declaration of estimated tax must be filed in accordance with the following schedule:

# (a)

If at any time before the first day of the sixth month of the current taxable year the taxpayer’s estimated tax can reasonably be expected to exceed $1,000 for such taxable year, then the declaration must be filed on or before the 15th day of the sixth month of the current taxable year.

# (b)

If no declaration is required to be filed pursuant to subdivision (a) of this section, and at any time after the last day of the fifth month of the current taxable year, but before the first day of the ninth month of the current taxable year, the taxpayer’s estimated tax can reasonably be expected to exceed $1,000 for such taxable year, then the declaration must be filed on or before the 15th day of the ninth month or the 15th day of the last month of the current taxable year, whichever comes first.

# (c)

If no declaration is required to be filed pursuant to subdivision (a) or (b) of this section, and at any time after the last day of the eighth month of the current taxable year the taxpayer’s estimated tax can reasonably be expected to exceed $1,000 for such taxable year, the declaration must be filed on or before the 15th day of the last month of the current taxable year.

Source: official source document (DTF adopted rule text, December 2023 corporate reform)

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