CT-227: New York State Voluntary Contributions (2024)
New York · NY DTF · Used for tax years 2024
Form CT-227 lets corporations make voluntary contributions to the New York State funds listed on the form. It reports the amount for each selected fund and the total contributions, which reduce your refund or increase your tax payment.
Who files this form
Complete and file Form CT-227 if your corporation wants to make voluntary contributions to any of the funds listed in Part 1. File it with one of these returns:
- Form CT-3, General Business Corporation Franchise Tax Return
- Form CT-3-A, General Business Corporation Combined Franchise Tax Return
- Form CT-3-S, New York S Corporation Tax Return
What you'll need
Have the following ready:
- Your corporation’s legal name and employer identification number (EIN).
- The whole-dollar amount you want to contribute to each selected fund.
- The Form CT-3, CT-3-A, or CT-3-S you will file with Form CT-227.
If you are filing an amended return, include a copy of the Form CT-227 filed with your original return.
How to file
- Enter your corporation’s legal name and EIN.
- In Part 1, lines 1 through 18, enter your contributions in whole dollars on the appropriate fund lines.
- Add those amounts and enter the total in Part 2, line 1.
- Enter the same total on your corporation tax return:
- Form CT-3, Part 2, line 9
- Form CT-3-A, Part 2, line 9
- Form CT-3-S, Part 2, line 44
- File Form CT-227 with that return.
For an amended Form CT-3, CT-3-A, or CT-3-S, file a copy of the Form CT-227 submitted with your original return.
Common mistakes
- Overlooking the effect on your refund or payment. Your contributions reduce your refund or increase your tax payment.
- Expecting to change a contribution later. You cannot change the amounts after filing your return.
- Leaving out the original contribution form when amending. If you file an amended Form CT-3, CT-3-A, or CT-3-S, include a copy of the Form CT-227 filed with your original return.
Questions people ask
Can I contribute to more than one fund?
Yes. Enter whole-dollar amounts on the appropriate lines for the funds you choose in Part 1, then add all contributions in Part 2.
Will my contributions affect my refund or tax payment?
Yes. They will reduce your refund or increase your tax payment.
Can I change my contribution after filing?
No. You cannot change the amounts after you file your return. If you amend your return, file a copy of the Form CT-227 submitted with the original return.
Where can I learn more about the funds?
Visit the New York State Department of Taxation and Finance website and search for “CT-227” for detailed fund descriptions. For help and the privacy notification, see Form CT-1, Supplement to Corporation Tax Instructions.