Instructions for Form CT-186-P Utility Services Tax Return - Gross Income - New York

Form CT-186-P Utility Services Tax Return - Gross Income - New York

This document contains official instructions for Form CT-186-P , Utility Services Tax Return - Gross Income - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-186-P is available for download through this link.

FAQ

Q: What is Form CT-186-P?
A: Form CT-186-P is the Utility Services Tax Return for reporting gross income in New York.

Q: What is the purpose of Form CT-186-P?
A: The purpose of Form CT-186-P is to report and pay the Utility Services Tax based on the gross income derived from utility services provided in New York.

Q: Who needs to file Form CT-186-P?
A: Businesses that provide utility services and have gross income derived from these services in New York must file Form CT-186-P.

Q: When is Form CT-186-P due?
A: Form CT-186-P is due on a quarterly basis. The due dates are April 30, July 31, October 31, and January 31.

Q: What information is required to complete Form CT-186-P?
A: To complete Form CT-186-P, you will need to provide information such as your business details, gross income derived from utility services, and any exemptions or deductions you may be eligible for.

Q: Are there any exemptions or deductions available for the Utility Services Tax?
A: Yes, there are exemptions and deductions available. Consult the instructions for Form CT-186-P or speak with a tax professional for more information on eligibility and requirements.

Q: What are the consequences of not filing or paying the Utility Services Tax?
A: Failure to file or pay the Utility Services Tax can result in penalties and interest charges, as well as other enforcement actions by the New York State Department of Taxation and Finance.