This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form CT-222 for the current year.
This document contains official instructions for Form CT-222 , Underpayment of Estimated Tax by a Corporation - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-222 is available for download through this link.
Q: What is Form CT-222?
A: Form CT-222 is a tax form used by corporations in New York to calculate and report underpayment of estimated tax.
Q: Who needs to file Form CT-222?
A: Corporations in New York who have underpaid estimated taxes during the tax year need to file Form CT-222.
Q: How to fill out Form CT-222?
A: Form CT-222 requires the corporation to provide information about its estimated tax payments, tax liability, and any underpayment. The form includes instructions on how to fill it out correctly.
Q: When is Form CT-222 due?
A: Form CT-222 is generally due by the due date of the corporation's annual tax return. However, the due date may vary depending on the corporation's fiscal year.
Q: What happens if a corporation does not file Form CT-222?
A: Failure to file Form CT-222 or underpaying estimated tax may result in penalties and interest charges for the corporation.
Instruction Details:
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 State Department of Taxation and Finance.