CT-60: Affiliated Entity Information Schedule. The form number was previously CT-60-QSSS (2024)
New York · NY DTF · Used for tax years 2024
Form CT-60 is New York’s Affiliated Entity Information Schedule, attached to Form CT-3, CT-3-A, or CT-3-S. It reports information about qualified subchapter S subsidiaries (QSSSs), S corporation shareholders, other related entities, corporate ownership and federal groups.
Who files this form
CT-60 is an affiliated entity information schedule attached to Form CT-3, CT-3-A, or CT-3-S.
The schedule collects information about qualified subchapter S subsidiaries (QSSSs), shareholders, and other related entities. It includes questions about corporate ownership or control, affiliated federal groups, partnerships, single-member LLCs (SMLLCs), and tax-exempt DISCs.
The form does not provide a complete rule explaining which corporations must file it.
What you'll need
Have the information needed for the parts that apply to your corporation:
- The corporation’s legal name, employer identification number (EIN), and period ended.
- QSSS names and addresses, federal election effective dates, and federal EINs or temporary filing numbers for each QSSS and its parent.
- Shareholder names, addresses, and EINs or Social Security numbers, plus distributions reported on federal Form 1120S, Schedule K, line 16d and/or 17c.
- Federal Form 851, if applicable, to attach for Schedule B, Part 1.
- Federal consolidated group counts and taxable income figures, if you filed a consolidated federal return.
- Names and identification numbers for the ownership, control, transfer, and affiliated-group questions that apply.
- Partnership, SMLLC, or tax-exempt DISC names, addresses, EINs, and the requested identification numbers for tiered partners or members.
How to file
Attach CT-60 to Form CT-3, CT-3-A, or CT-3-S.
Complete the applicable schedules and mark the boxes that apply. Attach federal Form 851 if applicable.
An authorized person must complete the certification, including their printed name, signature, official title, contact information, and date. The form also includes a paid preparer section.
The supplied form text does not give a mailing address or electronic filing instructions.
Common mistakes
- Do not list the QSSS parent as a QSSS in Schedule A, Part 1 or Part 2. The form separately asks for the parent’s federal EIN or temporary filing number.
- In Schedule B, line 2, mark all applicable entity types whose activities affect your federal return, and attach federal Form 851 if applicable.
- If you filed a consolidated federal return, mark the box on line 4 and complete lines 4a through 4d.
- Remember to attach CT-60 to Form CT-3, CT-3-A, or CT-3-S.
Questions people ask
Should I list the QSSS parent in Schedule A?
No. Parts 1 and 2 say not to enter the QSSS parent as a QSSS. They do ask for the parent’s federal EIN or temporary filing number in a separate column.
Where do I find the shareholder distribution amount?
The form asks for distributions shown on federal Form 1120S, Schedule K, line 16d and/or 17c.
What if I filed a consolidated federal return?
Mark the box on Schedule B, line 4, and complete lines 4a through 4d. These lines request the number of corporations in the federal consolidated group or groups and specified federal taxable income amounts before the net operating loss deduction.
What if the corporation is a partner in a partnership?
Mark the box on Schedule B, line 9, and enter the required partnership information, including its name, address, EIN, and the requested EINs or Social Security numbers of tiered partners.
When do I complete the SMLLC and tax-exempt DISC section?
Mark line 10 and provide the required information if income, gain, loss, deductions, credits, or other items from an SMLLC or tax-exempt DISC are included in your New York return. Also mark the credit box if the entity generated credits.