CT-183: Transportation and Transmission Corporation Franchise Tax Return on Capital Stock (2025)
New York · NY DTF · Used for tax years 2025
Form CT-183 is New York’s Transportation and Transmission Corporation Franchise Tax Return on Capital Stock for 2025. It reports capital stock, assets, liabilities, and dividends to calculate franchise tax, along with credits, prepayments, and any balance due or overpayment.
Who files this form
Form CT-183 is the Transportation and Transmission Corporation Franchise Tax Return on Capital Stock under New York Tax Law, Article 9, Section 183, for calendar year 2025.
The form gives these related filing requirements:
- Every taxpayer required to file CT-183 must also file CT-184, except non-local telephone companies.
- If you do business, employ capital, own or lease property, or maintain an office in the Metropolitan Commuter Transportation District, you must file CT-183-M.
The supplied form does not give complete rules for determining who must file CT-183.
What you'll need
Gather the information and attachments requested by the form:
- Corporation details, including legal name, mailing address, EIN, file number, incorporation information, and the type of federal return filed.
- Asset records for the 2025 allocation calculation, plus assets, liabilities, and capital balances as of December 31, 2025.
- Stock, dividend, and retained earnings records for the applicable schedules.
- Prepayment records, including any payment with Form CT-5.9, prior-year overpayment credit, and overpayment credit from CT-183-M.
Required attachments include:
- A list of stock owned in other companies for line 18, showing each corporate name, shares held, and actual value.
- A profit and loss statement for line 38.
- If the corporation purchased its own capital stock during the year, a separate sheet showing the number and kinds of shares, consideration received when the shares were issued, and the purchase price of each share.
- Forms supporting the tax credits claimed on line 5.
How to file
The form says to see the instructions for where to file. No filing address or e-file directions are provided in the supplied text.
For a payment enclosed with the return:
- Enter the balance due from line 11 on line A.
- Make the payment payable to New York State Corporation Tax.
- Attach the payment in the designated area and detach all check stubs.
Complete the certification with the authorized person's printed name, signature, official title, contact information, and date.
Common mistakes
- Leaving the allocation percentage blank when no allocation is claimed: Schedule A says to enter 100 on line 24 or 26.
- Converting the dividend percentage to a decimal in the tax rate calculation: Schedule E specifically says not to do this when multiplying by .000375.
- Completing Schedule E when it does not apply: Local telephone companies with no more than 1 million access lines in New York State are told not to complete Schedule E.
- Missing the overpayment checkbox: Mark the box if you claim an overpayment.
- Leaving check stubs attached: The payment instructions say to detach all check stubs.
Questions people ask
What is the minimum tax shown on the 2025 form?
Line 3 shows $75. Line 4 requires the largest amount from line 1, line 2, or line 3, before tax credits are subtracted.
Do I also need to file CT-184?
The form says every taxpayer required to file CT-183 must also file CT-184, except non-local telephone companies.
Can I apply an overpayment to another period or request a refund?
The form provides lines to credit an overpayment to the next period, credit an amount to CT-183-M, and request a refund of the remaining balance.
How can I update the corporation's address or phone number?
The form says you can update address or phone information online. It directs you to the Business information section in Form CT-1.