Instructions for Form IT-2658 Report of Estimated Tax for Nonresident Individual Partners and Shareholders for Payments on Behalf of Nonresident Individuals Only of Personal Income Tax and Metropolitan Commuter Transportation Mobility Tax (Mctmt) - New York

Form IT-2658 Report of Estimated Tax for Nonresident Individual Partners and Shareholders - New York

This document contains official instructions for Form IT-2658 , Report of Estimated Tax for Nonresident Individual Partners and Shareholders for Payments on Behalf of Nonresident Individuals Only of Mobility Tax (Mctmt) - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-2658 is available for download through this link.

FAQ

Q: What is Form IT-2658?A: Form IT-2658 is a report of estimated tax for nonresident individual partners and shareholders for payments on behalf of nonresident individuals only of personal income tax and MCTMT in New York.

Q: Who needs to file Form IT-2658?A: Nonresident individual partners and shareholders who are making estimated tax payments on behalf of nonresident individuals in New York need to file Form IT-2658.

Q: What is MCTMT?A: MCTMT stands for Metropolitan Commuter Transportation Mobility Tax. It is a tax imposed on certain employers and self-employed individuals engaging in business within the Metropolitan Commuter Transportation District.

Q: What information do I need to include in Form IT-2658?A: You need to include information such as the tax period, the name and identification number of the partnership or S corporation, the nonresident partner or shareholder's name and identification number, and the estimated tax amounts.

Q: When is Form IT-2658 due?A: Form IT-2658 is generally due on or before the 15th day of the third month following the close of the partnership or S corporation's tax year.