PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Instructions for Form NYC-2.5A/BC
for the current year.
Instructions for Form NYC-2.5A / BC Computation of Receipts Factor - New York City
This document contains official instructions for Form NYC-2.5A/BC , Computation of Receipts Factor - a form released and collected by the New York City Department of Finance. An up-to-date fillable Form NYC-2.5A/BC is available for download through this link.
FAQ
Q: What is Form NYC-2.5A/BC?
A: Form NYC-2.5A/BC is a form used to compute the receipts factor for New York City.
Q: What is the receipts factor?
A: The receipts factor is a ratio used to determine how much of a taxpayer's income is sourced to New York City.
Q: Who needs to file Form NYC-2.5A/BC?
A: Taxpayers who have business income sourced to New York City and are required to apportion their income based on a receipts factor need to file this form.
Q: What information is required on the form?
A: The form requires the taxpayer to provide detailed information about their total receipts, receipts sourced to New York City, and the receipts factor calculation.
Q: Are there any deadlines for filing this form?
A: Yes, Form NYC-2.5A/BC must be filed on or before the due date of the taxpayer's tax return.
Q: Are there any penalties for late or incorrect filing?
A: Yes, taxpayers may be subject to penalties for late or incorrect filing, so it is important to file the form accurately and on time.
Q: Who can I contact for further assistance?
A: For further assistance, you can contact the New York City Department of Finance's Customer Service at (212) 639-9675.
Instruction Details:
- This 1-page document is available for download in PDF;
- Might not be applicable for the current year. Choose a more recent version;
- Complete, printable, and free.
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the New York City Department of Finance.
