Hey, what's up? This is a great transportation. I wanted to do this video to teach people how to start a non-emergency medical transportation company in New York. I have been doing it for two years and just wanted to share some information with you guys. The first thing you have to do when you want to start a medical transportation company in New York is to apply to Medicaid. Medicaid is a necessity and you can apply for it at their website, which is medicaid.org. Once you get there, you have to go to the providers index. In the providers index, you will find a variety of different providers you can become. Go towards the end and select transportation. From there, it will show you the five applications you need to fill out in order to become an ambulance or non-emergency medical transportation provider. This is a long process and there is a $587 application fee. My suggestion is to start by getting either your DBA (Doing Business As) or your tax ID number, but it's better to start with an LLC (Limited Liability Company) because it provides more protection. Fill out the application using your DBA and tax ID number, as you will eventually need to get an LLC down the road. After you submit the application, they may send you a list of corrections that need to be made. Make the necessary corrections and send it back with the application fee. If you have any questions or need assistance, you can call the 1-800 number for new enrollment customer service and they will help you out. Once you have made all the necessary corrections, the next step in the process will begin.
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Instructions for tax returns to Form 4972. (To apply for tax credits for payments in the form of a lump-sum distribution, check box “1” for payment of tax directly to the plan, and check box “2” for payment of the tax to you.) Instructions for Forms IT-430 and IT-460 Tax on Qualified Pension Plans Use these forms only for qualified pension plans. Name(s) as shown on the Form IT-430 or IT-460. Instructions for Form IT-410 Deduction for Qualified Distribution. Do not use this form for other types of distributions unless you have filed Form 8949 or T2094. Name(s) as shown on the Form IT-410. Instructions for Forms IT-410A and IT-520 Return of Distribution: Use this form only to obtain a refund of 500 or more. You pay the tax liability. See Section 2 in this article. (A refund is not required if the qualified retirement plan has already paid tax on the distribution before the date this form is filed to file a claim for refund.) When submitting Form IT-410, show the original Form 4972 if you want to file a claim for refund of some portion of the tax withheld, or you may need it for tax adjustments. (If Form 4972 is attached to your tax return, it appears as Form 4972-A.) Instructions for Forms IT-410A and IT-520(a) and IT-520(b) Use these forms only for nonqualified distribution if you pay tax on one or more of the distributions. Name(s) as shown on the Forms IT-410A and IT-520(a), and if an amount is shown as an “other amount,” you should deduct that amount from the total amount on Form IT-410A. You pay tax on this amount either with or without a claim for refund. For Form IT-510, see the instructions to form IT-520 and attach a copy of form IT-510. Instructions for Form IT-530 Return of Distributions by Employee Retirement Company (ECO) Plan Use this form only for distributions by an employee retirement company (ECO) plan during calendar year 2019. Name(s) as shown on the Form IT-530.
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