New York Insurance Corporation MTA Surcharge Return

Insurance Corporation MTA Surcharge Return
Form CT-33-M Insurance Corporation MTA Surcharge Return Tax Year 2023CT-33-M

Department of Taxation and Finance

Insurance Corporation MTA
Surcharge Return
Tax Law – Article 33, Section 1505-a

	

Amended
return

Employer identification number (EIN)	

All filers must enter tax period: beginning
File number	

(	

		

ending

Business telephone number	

	If you claim an
	 overpayment, mark
	an X in the box

)

Legal name of corporation				

Trade name/DBA

Mailing address 				

State or country of incorporation

Care of (c/o)
Number and street or PO Box				

City	

U.S. state/Canadian province	

ZIP/Postal code	

Date of incorporation	

Country (if not United States)

Foreign corporations: date began business in NYS

For office use only

If you need to update your address or phone information for corporation tax, or other tax types, you can do so
online. See Business information in Form CT-1.
If you do business, employ capital, own or lease property, or maintain an office in the Metropolitan Commuter
Transportation District (MCTD) (the counties of New York, Bronx, Kings, Queens, Richmond, Dutchess, Nassau, Orange,
Putnam, Rockland, Suffolk, and Westchester), you must complete this form. If not, you do not have to file this form.
However, you must disclaim liability for the MTA surcharge on Form CT-33-NL, Form CT-33, or Form CT-33-A.

	 A.	 Pay amount shown on line 22. Make payable to: New York State Corporation Tax	
		 Attach your payment here. Detach all check stubs. (See instructions for details.) 	

Computation of MCTD allocation percentage

A

Payment
enclosed
			

	 uthorized non-life insurance corporations MCTD allocation percentage (see instructions)
A
	1a	 New York State direct premiums (total amounts from
		  Form CT-33-NL, lines 34 and 35 and enter here) .................................	 1a
	1b	 MCTD premiums included on line 1a ..............................................	 1b
	2	MCTD allocation percentage (divide line 1b by line 1a) ...................................................................... 	
2	%
	Life insurance corporations and unauthorized insurance corporations MCTD allocation percentage (see instr.)
	3a	 Net New York State premiums (from Form CT-33, line 37, or
		  CT-33-A, line 40, column E) ..............................................................	3a	
	3b	 MCTD premiums included on line 3a (see instructions) .....................	3b
	4	MCTD premium percentage (divide line 3b by line 3a) ........................................................................ 	4	
%
	5	Weighted MCTD premium percentage (multiply line 4 by nine) ............................................................	 5	%
	 6a	 New York State wages (from Form CT-33, line 41, or CT-33-A,
		  line 44, column E) ............................................................................	6a
	 6b	 MCTD wages included on line 6a (see instructions) ..........................	 6b
	7	MCTD wage percentage (divide line 6b by line 6a) ............................................................................. 	7	
%
	8	Total MCTD percentages (add lines 5 and 7) .......................................................................................	8	
%
	9	MCTD allocation percentage (divide line 8 by ten; if line 4 or line 7 is 0, see instructions) ........................ 	
9	%

Computation of MTA surcharge

	10	 Net New York State franchise tax (from Form CT-33-NL, line 7; Form CT-33 and Form CT-33-A filers, see instructions)	 	 10
	 11	 Allocated tax (Form CT-33-NL filers multiply line 10 by line 2; Form CT-33 and Form CT-33-A filers
		  multiply line 10 by line 9) .................................................................................................................. 	11
	 12	 MTA surcharge before MTA surcharge retaliatory tax credit (multiply line 11 by 17% (.17)) ................ 	12
	 13 	 MTA surcharge retaliatory tax credit (see instructions) ....................................................................... 	 13
	14 	 Total MTA surcharge due (subtract line 13 from line 12) ...................................................................... 	14
	15a, 15b, 16	
	 17	 Total prepayments (from line 45) .........................................................................................................	17	
	18a	 Balance (see instructions) .................................................................................................................. 	 18a
	18b	 Additional amount (see instructions) .................................................................................................. 	 18b
	18c	 Total before penalties and interest (see instructions) ......................................................................... 	 18c
	19	 Estimated tax penalty (see instructions; mark an X in the box if Form CT-222 is attached) . ............		
19
	20	 Interest on late payment (see instructions) ........................................................................................ 	20
	21	 Late filing and late payment penalties (see instructions) .................................................................... 	 21
	22	 Balance due (add lines 18c through 21 and enter here; enter the payment amount on line A above) ............	22
432001230094

Page 2 of 2  CT-33-M (2023)

Computation of MTA surcharge (continued; see instructions)

	23a	
	23b	
	23c	
	24	
	25	
	26	
	27	
	28	

Overpayment (if line 14 is less than line 17, subtract line 14 from line 17; see instructions) ........................ 	 23a
Amount of overpayment previously credited to 2024 MFI (see instructions) ...................................... 	 23b
Balance of overpayment available (see instructions) ......................................................................... 	 23c
Amount of overpayment to be credited to New York State franchise tax ........................................ 	24
Amount of overpayment to be credited to next year’s MTA surcharge ............................................ 	25
Amount of overpayment to be refunded (subtract lines 24 and 25 from line 23c) .................................. 	 26
Amount of MTA surcharge retaliatory tax credit to be refunded (from line 38) .................................. 	27
Total refund claimed (add lines 26 and 27) ......................................................................................... 	28
Computation for refund of MTA surcharge retaliatory tax credit (see instructions)
	
A	B	C	D	E
For tax years before 2018, attach separate computation
	
2018	
2019	
2020	
2021	
2022
	29	 MTA surcharge payable (see instructions). ............. 	29
	30	 MTA surcharge retaliatory tax credits previously
	 	 allowed (see instructions) .................................... 	30
	31	 Balance (subtract line 30 from line 29;
	 	  if less than zero, enter 0) ....................................... 	31
	32	 Ninety percent (.9) of retaliatory taxes paid this
	 	  year attributable to the 2018 MTA surcharge
		  (may not exceed line 31, column A; see instructions) .	32
	33	 Ninety percent (.9) of retaliatory taxes paid this year attributable
	  	  to the 2019 MTA surcharge (may not exceed line 31, column B; see instr.) 	 33
	34	 Ninety percent (.9) of retaliatory taxes paid this year attributable to the 2020
	  	  MTA surcharge (may not exceed line 31, column C; see instructions) ...................... 	34
	35	 Ninety percent (.9) of retaliatory taxes paid this year attributable to the 2021 MTA surcharge
	 	 (may not exceed line 31, column D; see instructions) ........................................................................ 	 35
	36	 Ninety percent (.9) of retaliatory taxes paid this year attributable to the 2022 MTA surcharge
		  (may not exceed line 31, column E; see instructions) ................................................................................................ 	 36
	37	 Total MTA surcharge retaliatory tax credits
	 	 allowed to date (see instructions) ........................ 	 37
	38	 Total credits (add lines 32 through 36; enter here and on line 27) ........................................................ 	 38
Composition of prepayments claimed on line 17 (see instructions)
	
Date paid	
Amount
	39	 Mandatory first installment  from Form CT-300 (see instructions) ...................... 	39
	40a	 Second installment from Form CT-400 ............................................................ 	40a
40b	 Third installment from Form CT-400 ................................................................ 	 40b
40c	 Fourth installment from Form CT-400 ............................................................. 	 40c
	41	 Payment with extension request, from Form CT-5, line 10, or Form CT-5.3, line 13 ........................	 41
	42	 Overpayment credited from prior years (see instructions) ...................................................................	42
	43	 Add lines 39 through 42 .................................................................................................................. 	43
	44	 Overpayment credited from Form CT-33-NL, CT-33, or CT-33-A	 Period
 .................... 	 44
	 45	 Total prepayments (add lines 43 and 44; enter here and on line 17) .........................................................	 45
Designee’s name (print)	
Third – party 		 Yes	
No
designee 	 Designee’s email address

Designee’s phone number

(		

(see instructions) 				

)

PIN

Certification: I certify that this return and any attachments are to the best of my knowledge and belief true, correct, and complete.
Authorized
person
Paid
preparer
use
only

(see instr.)

Printed name of authorized person	

Signature of authorized person	

	 Email address of authorized person	

Telephone number	

(		

	 Firm’s name (or yours if self-employed)		
	 Signature of individual preparing this return	

Address	

	 Email address of individual preparing this return		

See instructions for where to file.
432002230094

Official title

)

Firm’s EIN	

Date
Preparer’s PTIN or SSN

City	
Preparer’s NYTPRIN	

State	
or	

Excl. code	 Date

ZIP code

Extracted from PDF file 2023-new-york-form-ct-33-m.pdf, last modified October 2023

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More about the New York Form CT-33-M Corporate Income Tax TY 2023

We last updated the Insurance Corporation MTA Surcharge Return in February 2024, so this is the latest version of Form CT-33-M, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form CT-33-M directly from TaxFormFinder. You can print other New York tax forms here.

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Related New York Corporate Income Tax Forms:

TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New York Form CT-33-M.

Form Code	Form Name
Form CT-33-D	Tax on Premiums Paid or Payable To an Unauthorized Insurer-For Taxable Insurance Contracts with an Effective Date on or after July 21, 2011.See TSB-M-
Form CT-33-NL	Non-Life Insurance Corporation Franchise Tax Return
Form CT-33	Life Insurance Corporation Franchise Tax Return
Form CT-33-A	Life Insurance Corporation Combined Franchise Tax Return
Form CT-33-A/ATT	Schedules A, B, C, D, and E - Attachment to Form CT-33-A
Form CT-33-A/B	Subsidiary Detail Spreadsheet
Form CT-33-C	Captive Insurance Company Franchise Tax Return
Form CT-33-R	Claim for Retaliatory Tax Credits Tax Credit
Form CT-33.1	Claim for CAPCO Credit Tax Credit

Download all NY tax forms View all 272 New York Income Tax Forms

Form Sources:

New York usually releases forms for the current tax year between January and April. We last updated New York Form CT-33-M from the Department of Taxation and Finance in February 2024.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of New York Form CT-33-M

We have a total of thirteen past-year versions of Form CT-33-M in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form CT-33-M

Form CT-33-M Insurance Corporation MTA Surcharge Return Tax Year 2023

2022 Form CT-33-M

Form CT-33-M Insurance Corporation MTA Surcharge Return Tax Year 2022

2021 Form CT-33-M

Form CT-33-M Insurance Corporation MTA Surcharge Return Tax Year 2021

2020 Form CT-33-M

Form CT-33-M Insurance Corporation MTA Surcharge Return Tax Year 2020

2019 Form CT-33-M

Form CT-33-M:2019:Insurance Corporation MTA Surcharge Return:ct33m

2018 Form CT-33-M

Form CT-33-M:2018:Insurance Corporation MTA Surcharge Return:ct33m

2017 Form CT-33-M

Form CT-33-M:2017:Insurance Corporation MTA Surcharge Return:ct33m

2016 Form CT-33-M

Form CT-33-M:2016:Insurance Corporation MTA Surcharge Return:CT33M

2015 Form CT-33-M

Form CT-33-M:2015:Insurance Corporation MTA Surcharge Return:CT33M

2014 Form CT-33-M

Form CT-33-M:2014:Insurance Corporation MTA Surcharge Return:CT33M

2013 Form CT-33-M

Form CT-33-M:2013:Insurance Corporation MTA Surcharge Return:CT33M

2012 Form CT-33-M

Form CT-33-M:2012:Insurance Corporation MTA Surcharge Return:CT33M

2011 Form CT-33-M

Form CT-33-M:2011:Insurance Corporation MTA Surcharge Return:CT33M

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