Zulch Tax Consultants
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Zulch Tax News & Updates

Processing of Form IT-204-LL for LLCs

If your business is a New York LLC or LLP, you may be required to file Form IT-204-LL annually and we can handle this filing for you. Form IT-204-LL Partnership, Limited Liability Company, & Limited Liability Partnership Filing Fee Payment Form must be filed if you are a:

  • Limited Liability Company (LLC) that is a disregarded entity for federal income tax purposes that has income, gain, loss, or deduction from New York State sources. *NOTE: A LLC or LLP that has elected to be treated as a corporation for federal income tax purposes is not required to file this form; or

  • Domestic or foreign LLC (including a Limited Liability Investment Company [LLIC] or a Limited Liability Trust Company [LLTC]), or Limited Liability Partnership (LLP) that is required to file a New York State partnership return and that has income, gain, loss, or deduction from New York State sources; or

  • Every regular partnership (those that are not a LLC or LLP) that is required to file a New York partnership return that has income, gain, loss, or deduction from New York State sources, and had New York source gross income for the preceding tax year of at least $1 million.

 Additional information can be found by visiting:

https://www.tax.ny.gov/forms/current-forms/it/it204lli.htm


We will be sending an invoice in advance of the LLC filing. If you want us to prepare Form IT-204-LL, you should pay the invoice indicating your approval for the preparation. If you do not wish to have us prepare the form, then you do not need to pay the invoice. If we do not receive payment, we will assume that you are handling the annual filing yourself, and we will remove you from our annual list. We will send the invoice in December and will ask for payment of the invoice by 1/5/2027. If you pay the invoice for us to prepare the form, we will email you the completed Form IT-204-LL with mailing/payment instructions before the 3/15/2027 deadline.

Additionally, domestic and foreign business corporations are required to file a Biennial Statement every two years with the New York Department of State. This form is not sent in the mail. It is your responsibility to go online to update the information and pay the $9 fee every two years. Please keep in mind the Biennial Statement is different than Form IT-204-LL. You can file and pay your Biennial statement by visiting:

https://filing.dos.ny.gov/eBiennialWeb/

 

Kevin Zulch