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March 14, 2023
Question

Tax Form for Tax-Exempt S corporation in New York

  • March 14, 2023
  • 1 reply
  • 0 views

Hi, 

 

I have a Tax-Exempt S corporation registered in NY since 2022, and this is my first time to file tax return in NY.  Do I need to file tax return for New York State? If yes, what form should I use ? Thank you very much for answering my questions. 

1 reply

PatriciaV
Employee
March 14, 2023

If you are a registered nonprofit in the State of New York, you may be required to file form CHAR500. See this link for more information: CharitiesNY Annual Filing.

 

Nonprofits file Form 990 with the IRS (About Form 990, Return of Organization Exempt From Income Tax).

 

TurboTax does not support filing for nonprofits.

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5095163Author
March 14, 2023

Thank you so much for the help. Will file those forms for federal & state tax return.