Instructions for Form CT-33 Life Insurance Corporation Franchise Tax Return - New York

Form CT-33 Life Insurance Corporation Franchise Tax Return - New York

This document contains official instructions for Form CT-33 , Life Franchise Tax Return - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-33 is available for download through this link.

FAQ

Q: What is Form CT-33?A: Form CT-33 is the Life Insurance Corporation Franchise Tax Return for New York.

Q: Who needs to file Form CT-33?A: Life insurance corporations operating in New York are required to file Form CT-33.

Q: When is Form CT-33 due?A: Form CT-33 is due on or before March 15th following the close of the taxable year.

Q: What information do I need to complete Form CT-33?A: You will need to provide detailed information about your life insurance corporation's income, deductions, credits, and taxes.

Q: Are there any filing fees associated with Form CT-33?A: No, there are no filing fees associated with Form CT-33.

Q: Can I file Form CT-33 electronically?A: Yes, you can file Form CT-33 electronically using the New York State Department of Taxation and Finance's e-File system.

Q: What happens if I don't file Form CT-33 or file it late?A: Failure to file Form CT-33 or filing it late may result in penalties and interest being assessed on the tax due.

Q: Is there any additional documentation required with Form CT-33?A: Yes, you may need to attach supporting documents such as schedules and statements to fully complete Form CT-33.