Monday, September 12, 2022

NYS Tax Department: Updates to instructions for 2021 Forms CT-34-SH, IT-204, IT-204-IP, and IT-225

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Updates to the instructions for 2021 Forms CT-34-SH, IT-204, IT-204-IP, and IT-225

The Department of Taxation and Finance has posted updated 2021 instructions for the following forms:

  • CT-34-SH, New York S Corporation Shareholders' Information Schedule,
  • IT-204, Partnership Return,
  • IT-204-IP, New York Partner's Schedule K-1, and
  • IT-225, New York State Modifications.

These instructions have been updated to reflect new requirements for the addback of certain taxes paid to other states and the pass-through entity tax due to legislative changes in the 2022-2023 New York State Budget (Part MM of Chapter 59 of the Laws of 2022).

 

To view the updated instructions, visit:

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