1120-NY: Property and payroll components are not used in the business allocation percentage calculation

Show expandable text

New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Per Form CT-3 and CT-3-S instructions, all corporation use the sales factor to calculate the business allocation percentage.

Related topic: 1120 New York frequently asked questions

Was this article helpful?

Thank you for the feedback!