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NYS CONDO AND HOMEOWNERS ASSOCIATION

  • 1.  NYS CONDO AND HOMEOWNERS ASSOCIATION

    Silver Most Valuable Member
    Posted 11-08-2022 10:25 AM
    I file a return for a condo in NYC. When I inherited the account back in 2004 they were filing an 1120H for federal taxes  and NYS and NYC corporation tax returns. Due to a transaction that  is in the process I have been asked by an attorney why we file the corporation tax returns if they are not actually incorporated. I believe the law states that although not incorporated they should file as if they are a corporation. Can anyone confirm that this is correct?

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    Gabriel Bentovim
    HOFFMAN & BENTOVIM, CPAs PC
    Commack NY
    631-499-1500
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