video1.0<iframe src="https://www.loom.com/embed/4f7b2668e08e49e2bb01caaa30271612" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/4f7b2668e08e49e2bb01caaa30271612-8ed165ec9fb73e02.gif278.302In this video, I walk you through the process of making the annual election for the New York State pass-through entity tax using your New York State Online Services business account. I demonstrate how to log in, select your entity type, and complete the necessary forms, including the important distinction between resident and standard S corporations. I also highlight the significance of the New York City PTET and the residency requirements for shareholders. Please ensure to review all entered information carefully before submitting and save a copy of the confirmation PDF for your records and to share with your tax advisor at FLC.