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Corporations must complete the computation of business apportionment factor section, even if the business allocation percentage is 100%, to report the computation of the New York State receipts used to determine the fixed dollar minimum tax. Per the Form CT-3 and Form CT-3-S instructions, the fixed dollar minimum tax is determined by the corporation’s New York receipts. New York receipts are the receipts included in the numerator of the apportionment factor as determined in Form CT-3, Part 6, or Form CT-3-S, Part 3.

To enter amounts for apportionment, choose View > Apportionment. Information that applies to Sections 210-A.2, 210-A.3, 210-A.4, 210-A.10 are entered in the grid. For fields under the New York column that show an "S" indicating a statement, open the statement dialog, select the appropriate code, enter a description, and complete both New York State and Everywhere. All other information needs to be entered in the alternate apportionment buttons Section 210-A.5 or Section 210A.6 - Section 210-A.9.

If data is entered in the No receipts required to be included in the denominator statement dialog, Form CT-3 or Form CT-3-S, Part 6 marks the box to indicate no receipts required to be included in the denominator of the apportionment factor and a statement with the information entered prints with the return.

Related topic: 1120 New York frequently asked questions

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