Which year composite form should be used by a fiscal tax year filer?
The year of the composite form should match the flow-through entity’s year-end date. A fiscal year Flow-Through Entity (FTE) will file a composite return for the calendar year in which the fiscal year ends. This will be a different year form than the federal return.
Example: A fiscal year FTE with a year-end of September 30, 2016 will file a 2016 composite return even though the FTEs federal filing will be a 2015 return.