US Laws, Codes, Statutes & Cases

 
    §  11-514  Returns,  payment  of  tax.  (a)  General. On or before the
  fifteenth day of the fourth month following the close of a taxable year,
  an unincorporated business income tax return shall be  made  and  filed,
  and  the  balance  of  any  tax  shown  on  the face of such return, not
  previously paid as installments of estimated tax, shall be paid: (1)  by
  or  for every unincorporated business, for taxable years beginning after
  nineteen hundred eighty-six but before  nineteen  hundred  ninety-seven,
  having  unincorporated business gross income, determined for purposes of
  this subdivision without any deduction for the cost  of  goods  sold  or
  services  performed,  of  more  than ten thousand dollars, or having any
  amount of unincorporated business taxable income;
    (2) by or for every partnership, for  taxable  years  beginning  after
  nineteen   hundred  ninety-six,  having  unincorporated  business  gross
  income,  determined  for  purposes  of  this  subdivision  without   any
  deduction for the cost of goods sold or services performed, of more than
  twenty-five  thousand dollars, or having unincorporated business taxable
  income of more than fifteen thousand dollars; and
    (3) by or for every unincorporated business other than a  partnership,
  for  taxable  years  beginning after nineteen hundred ninety-six, having
  unincorporated business gross income, determined for  purposes  of  this
  subdivision without any deduction for the cost of goods sold or services
  performed,  of  more  than  seventy-five  thousand  dollars,  or  having
  unincorporated business taxable income of more than thirty-five thousand
  dollars.
    (b) Decedents. The return for any deceased individual  shall  be  made
  and filed by his or her executor, administrator, or other person charged
  with  his  or  her  property.  If  a final return of a decedent is for a
  fractional part of a year, the due date of  such  return  shall  be  the
  fifteenth   day   of  the  fourth  month  following  the  close  of  the
  twelve-month period which began with the first day  of  such  fractional
  part of the year.
    (c)  Individuals  under a disability. The return for an individual who
  is unable to make a return by reason of  minority  or  other  disability
  shall  be  made  and  filed  by  such  individual's guardian, committee,
  fiduciary or other person charged with the care of his or her person  or
  property  (other  than a receiver in possession of only a part of his or
  her property), or by such individual's duly authorized agent.
    (d) Estates and trusts. The return for an estate  or  trust  shall  be
  made and filed by the fiduciary.
    (e)  Joint fiduciaries. If two or more fiduciaries are acting jointly,
  the return may be made by any one of them.
    (f) Returns for taxable years ending prior  to  December  thirty-first
  nineteen  hundred  sixty-six. With respect to taxable years ending prior
  to  December  thirty-first,  nineteen  hundred  sixty-six,  the  returns
  required to be made and filed pursuant to this section shall be made and
  filed  on  or before the fifteenth day of the fourth month following the
  close of such  taxable  year  or  September  twelfth,  nineteen  hundred
  sixty-six, whichever is later.
    (g) Taxpayers with credit relating to stock transfer tax. Subdivisions
  one  and two of this section shall apply to a taxpayer which has a right
  to a credit pursuant to  subdivision  (c)  of  section  11-503  of  this
  chapter,  except  that  the  tax,  or  balance  thereof,  payable to the
  commissioner of finance in full pursuant  to  subdivision  (a)  of  this
  section,  at  the  time  the  report  is  required to be filed, shall be
  calculated and paid at such time  as  if  the  credit  provided  for  in
  subdivision (c) of section 11-503 of this chapter were not allowed.