CT-34-SH: New York S Corporation Shareholders' Information Schedule (2025)
New York · NY DTF · Used for tax years 2025
Form CT-34-SH is New York’s S Corporation Shareholders’ Information Schedule, filed with Form CT-3-S. It reports total shareholder modifications, New York State credits, credit recaptures, and taxes on early dispositions related to S corporation items.
Who files this form
Form CT-34-SH is the New York S Corporation Shareholders’ Information Schedule. New York S corporations file it with Form CT-3-S to report shareholder modifications, credits, and identifying information.
Each shareholder must include their pro rata share of the amounts reported in Schedule A on their personal income tax return.
What you'll need
- The corporation’s legal name and employer identification number (EIN).
- Each shareholder’s name, home address, SSN or EIN, ownership percentage, residency status, and entity status.
- A federal Schedule K-1 for each shareholder, which must be attached.
- Form CT-225 if reporting other additions or other subtractions on lines 3 or 5.
- Form CT-399, if applicable, for the depreciation amounts on lines 2 and 4.
- Applicable credit and recapture forms listed in Schedule A.
- An attached explanation for the itemized deduction additions or subtractions listed under “Other items.”
If reporting START-UP NY or QEZE factors from partnerships, obtain the partnership information requested on the form. For multiple partnerships, attach a separate statement.
How to file
File Form CT-34-SH with Form CT-3-S.
- Enter the corporation’s total amounts on Schedule A.
- Complete Schedule B with each shareholder’s identifying information.
- Attach a federal Schedule K-1 for each shareholder and file the applicable supporting forms.
- If you need more space, photocopy Schedule B, attach the additional schedules, and mark an X in the box provided.
The supplied form does not give a mailing address or e-file directions.
Common mistakes
- Reporting individual shares instead of corporation totals in Schedule A. The form says to enter the corporation’s total on each line. Shareholders include their pro rata shares on their personal returns.
- Omitting federal Schedules K-1. Attach one for each shareholder.
- Making multiple status entries. Schedule B requires only one entry for residency status and only one for entity status per shareholder.
- Forgetting the extra-schedule checkbox. If you attach additional copies of Schedule B, also mark an X in the box provided.
- Leaving out partnership statements. Attach a separate statement when reporting START-UP NY or QEZE credit factors from multiple partnerships.
Questions people ask
Do shareholders report the full corporation amounts on their personal returns?
No. Each shareholder must include their pro rata share of the Schedule A amounts on their personal income tax return.
What if there are more shareholders than Schedule B can hold?
Photocopy Schedule B as needed. Attach all additional schedules to Form CT-34-SH and mark an X in the box provided.
Which shareholder entity codes does Schedule B use?
Use I for an individual, F for an estate or trust, or E for an exempt organization. Make only one entry for each shareholder.
What form is required for other additions or subtractions?
The form directs you to file Form CT-225 for other additions on line 3 and other subtractions on line 5.