IT-370-PF: Application for Automatic Extension of Time to File for Partnerships and Fiduciaries (2024)

Who files this form

Form IT-370-PF is an application for an automatic extension of time to file for partnerships, estates, and trusts. The form lets you select either Form IT-204 or Form IT-205 as the return you will file.

What you'll need

Have the following information ready to complete the form:

• The partnership’s, estate’s, or trust’s name and employer identification number (EIN).
• Fiscal-year beginning and ending dates.
• The fiduciary’s name and title, if applicable.
• Mailing address and email address.
• Which return you will file: Form IT-204 or Form IT-205.
• For an estate or trust, the applicable taxes and payment information.
• A 2-character special condition code, if applicable.

If a paid preparer completes the form, the preparer must also provide the required identification and contact information and sign the form.

How to file

• Complete the identifying information and mark an X in one box for the return you will file: IT-204 or IT-205.
• For an estate or trust, mark each applicable tax box: New York State, New York City, or Yonkers tax. Complete the sales and use tax and total payment fields.
• If you use a paid preparer, mark the paid-preparer box and have the preparer complete the back.
• An estate or trust must pay any balance due in full with the extension. Make a check or money order payable in U.S. funds to New York State Income Tax. Write the estate’s or trust’s EIN and 2024 Income Tax on it.

The form says not to submit it with your return. The supplied text does not provide a mailing address or e-filing directions.

Common mistakes

• Submitting the extension form with the return. The form specifically says, “Do not submit with your return.”
• Leaving an estate’s or trust’s balance unpaid. Full payment of any balance due must accompany the extension.
• Leaving the paid-preparer section incomplete. Paid preparers must sign and complete this section. The form warns that failure to complete it in full may result in civil and/or criminal sanctions.
• Omitting preparer identification. A paid preparer must enter a NYTPRIN or an exclusion code, plus a federal PTIN if they have one, or a Social Security number if they do not.

Questions people ask

Which returns can this extension cover?

The form provides boxes for Form IT-204 and Form IT-205. Mark an X in one box for the return you will file.

Can an estate or trust wait to pay its balance due?

No. The form requires an estate or trust to make full payment of any balance due with the automatic extension.

How should an estate or trust label its payment?

Make the check or money order payable in U.S. funds to New York State Income Tax. Write the estate’s or trust’s EIN and “2024 Income Tax” on it.

Does a paid preparer have to sign the form?

Yes. All paid preparers must sign and complete the paid-preparer section on the back.

Official sources

• https://www.tax.ny.gov/forms/