What is Form IT-370?
Form IT-370 is an official document that allows you to request a six-month extension for filing your New York State income tax return. This form is particularly useful if you need additional time to prepare your return, especially if your tax situation is complex. While it helps avoid late penalties by extending the filing deadline, it’s important to note that it does not give you extra time to pay any taxes owed. Make sure to file this form to ensure your submission is accurate and timely.
What is Form IT-370 used for?
Form IT-370 is essential for New York taxpayers needing extra time. Here’s what it does:
- Automatic Extension: Provides a six-month extension to file your New York State income tax returns.
- Avoiding Penalties: Helps prevent late fees by ensuring timely submission of your paperwork.
- Complex Tax Situations: Ideal for individuals with complicated tax situations, like substantial income from investments or businesses.
How to fill out Form IT-370?
- 1
Gather required information, including your expected New York State income tax liability for 2024.
- 2
Determine if you need to file Form IT-201 or Form IT-203.
- 3
Enter your expected tax liability on Form IT-370.
- 4
File Form IT-370 on or before the due date to receive an automatic six-month extension.
- 5
Ensure you meet the conditions for electronic filing if you plan to file your return electronically during the extension period.
Who is required to fill out Form IT-370?
New York State taxpayers needing extra time to prepare their income tax returns should complete Form IT-370. This includes individuals with complex tax situations, such as significant investment or business income, and those out of the country or claiming nonresident status.
After filling out Form IT-370, taxpayers use it to request an extension for filing their income tax returns. It is crucial to file this form with any tax payments due by the return's due date to avoid penalties.
When is Form IT-370 not required?
Form IT-370 is not necessary if you can file your New York State income tax return on time. Additionally, partnerships and fiduciaries do not need it if they have already filed for a six-month extension for Federal purposes, as they receive a five-month automatic extension for their New York State returns.
When is Form IT-370 due?
The deadline for Form IT-370 is July 14, 2025, if your income tax return due date is April 15, 2025. If you are a nonresident noncitizen, you must file it by September 15, 2025, and your income tax return by October 15, 2025. This form gives you an automatic six-month extension to file your New York State income tax returns.
How to get a blank Form IT-370?
To get a blank Form IT-370, visit our website, where the New York State Department of Taxation and Finance's official form is pre-loaded in our editor. You can fill it out and download it for your records. Remember, our platform aids in filling and downloading but does not support filing forms.
How to sign Form IT-370 online?
To sign Form IT-370, Application for Automatic Extension of Time to File New York State Income Tax Return, simply use a handwritten signature. Official guidelines do not mention the acceptance of electronic or digital signatures for this form. After filling out the necessary fields in PDF Guru, you can download the completed form for your records. Remember to check for the latest updates to ensure compliance, as PDF Guru does not support submission.
Where to file Form IT-370?
To submit Form IT-370, you need to mail it to the correct address. If you're including a payment, send it to the EXTENSION REQUEST PO BOX.
If you're not enclosing a payment, use the State Processing Center address for your submission. Remember, Form IT-370 cannot be filed online.
