Election to be Treated as a New York S Corporation
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Your business can register as an "S corporation" for New York State taxes, letting shareholders report corporate income on their own tax returns.
Requirements
- All shareholders must agree to file.
- The business must be a registered S corporation with the federal government.
Learn more about Election by a Small Business Corporation.
You should consult an attorney or accountant for help with filing requirements.
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Additional Resources
NYS Department of Taxation and Finance
W.A. Harriman Campus
Albany
NY
12227
(518) 485-6027