CT-186-P: Utility Services Tax Return - Gross Income (2024)
New York · NY DTF · Used for tax years 2024
Form CT-186-P is New York’s Utility Services Tax Return for gross income for calendar year 2024. It reports receipts from transporting, transmitting, or distributing gas or electricity, allowable exclusions, tax credits, prepayments, and any balance due or overpayment.
Who files this form
Form CT-186-P is the 2024 Utility Services Tax Return for gross income. It reports receipts from the transportation, transmission, or distribution of gas or electricity.
- Do not use this form if you are a telephone or telegraph company or another provider of telecommunication services, even if those services are not your primary business. File Form CT-186-E instead.
- If you do business in the Metropolitan Commuter Transportation District, the form says you must also file Form CT-186-P/M.
When it's due
- March 15, 2024: Line 25 lists this as the due date for the mandatory first installment from Form CT-300 for tax year 2024.
The supplied form does not state a filing deadline for the 2024 CT-186-P return.
What you'll need
Have the information needed for these fields and calculations ready:
- Business details, including legal name, address, EIN, file number, and NAICS business code from NYS Publication 910.
- Receipts from transporting, transmitting, or distributing gas or electricity, plus allowable exclusions.
- Prepayment amounts and payment dates from Forms CT-300 and CT-400, any extension payment from Form CT-5.9, and overpayments credited from prior years or Form CT-186-P/M.
- Tax credit forms for credits you claim. Line 7b says to mark the applicable boxes and attach the forms.
- The prior owner's name and address for a first return, or the new owner's name and address for a final return, if any.
Common mistakes
- Using the wrong return: Telecommunication service providers must use Form CT-186-E, even when those services are not their primary business.
- Missing the MTA surcharge return: If you do business in the Metropolitan Commuter Transportation District, mark Yes and file Form CT-186-P/M.
- Forgetting the overpayment box: Mark the box if you claim an overpayment.
- Leaving out credit forms: Mark the applicable boxes on line 7b and attach the tax credit forms.
- Missing payment instructions: Make payment payable to New York State Corporation Tax, attach it where indicated, and detach all check stubs.
Questions people ask
What tax year does this form cover?
This version is for calendar year 2024.
Can I use this form if telecommunications is only a small part of my business?
No. The form says telecommunication service providers must file Form CT-186-E instead, even if those services are not their primary business.
What can I do with an overpayment?
The form provides lines to credit an overpayment to the next period, credit an amount to Form CT-186-P/M, or request a refund of the remaining overpayment.
Who should my payment be made payable to?
Make payment payable to New York State Corporation Tax. The form directs you to pay the amount on line 17 and enter the payment amount on line A.