CT-183-M: Transportation and Transmission Corporation MTA Surcharge Return (2024)
New York · NY DTF · Used for tax years 2024
Form CT-183-M is New York’s Transportation and Transmission Corporation MTA Surcharge Return for calendar year 2024. It calculates the MTA surcharge using New York State franchise tax and the MCTD allocation percentage, and reports prepayments, any balance due, and any overpaymen
Who files this form
For calendar year 2024, Form CT-183-M directs transportation and transmission corporations to file if they do business, employ capital, own or lease property, or maintain an office in the Metropolitan Commuter Transportation District (MCTD).
If none of these apply, you do not need to file this form, but you must disclaim liability for the MTA surcharge on Form CT-183.
What you'll need
Have the following information ready:
- Your corporation’s EIN, file number, legal name, mailing address, incorporation details, and business phone number.
- Your 2023 Form CT-183. Line 1 of this 2024 return uses the franchise tax from line 6 of that form.
- Any prepayment amount from Form CT-5.9, line 10.
- For Schedule A, Part 1, MCTD and New York State amounts for accounts receivable, stock holdings, securities, leaseholds, real estate, and other listed assets. Attach a list of stock holdings showing each corporate name, shares held, and actual value.
- For corporations operating vessels in MCTD territorial waters, aggregate working-day totals in MCTD and New York State territorial waters for Schedule A, Part 2.
How to file
- Complete the corporation information, applicable Schedule A allocation calculation, and MTA surcharge calculation.
- Have an authorized person sign and date the certification and provide the requested identifying and contact information.
- If paying a balance due, enter the line 11 payment amount on line A. Make payment payable to New York State Corporation Tax and attach it where indicated. Detach all check stubs.
The form says to see the instructions for where to file. No instructions were supplied, so the provided text does not give a filing address or e-file directions.
Common mistakes
- Missing the overpayment checkbox: If you claim an overpayment, mark an X in the designated box.
- Leaving check stubs attached: The form tells you to detach all check stubs before attaching payment.
- Omitting the stock-holdings list: For line 17, attach a list showing corporate names, shares held, and actual values.
- Skipping the disclaimer when you do not need to file: If you have none of the listed MCTD activities, you must still disclaim MTA surcharge liability on Form CT-183.
Questions people ask
What surcharge rate does the form use?
Line 4 applies a 17% rate to the allocated tax on line 3.
Which franchise tax amount goes on line 1?
The 2024 form specifically directs you to use the New York State franchise tax from your 2023 Form CT-183, line 6.
How is the MCTD allocation percentage calculated?
For general transportation and transmission corporations, line 23 divides total MCTD assets on line 22, column A, by total New York State assets on line 22, column B. For corporations operating vessels in MCTD territorial waters, line 25 divides the MCTD working-day total by the New York State working-day total on line 24. Enter the applicable percentage on line 2.
What can I do with an overpayment?
The form provides lines to credit an overpayment to New York State franchise tax, credit it to the next period’s MTA surcharge, or have the remaining amount refunded. These lines refer to instructions that were not supplied.