Free CT-47.1 - New York

CT-47.1
(7/08)
Employer identification number

New York State Department of Taxation and Finance

Election or Termination of Election to Deem Income for Purposes of the Farmers' School Tax Credit
Telephone number For office use only

(
Legal name of corporation

)
Date received

Mailing address

DBA or trade name (if any)

Mailing name (if different from legal name)

c/o
Number and street or PO box

City

State

ZIP code

1 Mark an X in the appropriate box: Election (complete lines 2 and 3) Termination of election due to shareholder(s) consent Termination of election due to cessation of corporation eligibility (complete line 4)

2 Due date, disregarding any extension, of the corporation's tax return for the year in which the election is to be effective
(mm-dd-yy)

3 Ending date for tax year for which this election is to be effective
(mm-dd-yy)

4 Date of cessation
(mm-dd-yy)

Shareholders' consent and individual affirmation: By signing below the shareholders of the above corporation agree to make or terminate, as applicable, the election described in Tax Law section 606(n)(9), and certify that the personal information given below is to the best of his or her knowledge and belief true, correct, and complete. If shareholders holding more than one-half, by vote and value, of the shares of stock of the corporation agree to make the election, then all shareholders, other than New York C corporations, must take into account their pro rata shares of the corporation's income and principal payment on farm indebtedness as required in Tax Law section 606(n)(9). Such election is terminated if shareholders holding more than one-half, by vote and value, of the shares of stock of the corporation agree to such termination. See instructions if a continuation sheet or a separate consent statement is needed. B C A Social security number Shareholder's signature (see instructions) Name and address of each or employer To be valid, all shareholders agreeing on election shareholder agreeing to election or termination identification number or termination must signify consent by signing below. (include ZIP code)

Certification: I certify that this election or termination and any attachments are to the best of my knowledge and belief true, correct, and complete. Authorized person Paid preparer use only
Signature of authorized person E-mail address of authorized person Telephone number ( ) Address City Official title Date ID number State Date ZIP code

Firm's name (or yours if self-employed) Signature of individual preparing this election E-mail address of individual preparing this election

See instructions for where to file.