New York State Income Tax

1 New York Income Tax Table  

Tax Bracket (Single) [2]	Tax Bracket (Couple) [3]	Marginal Tax Rate
$0+	$0+	4.00%
$8,400+	$16,800+	4.50%
$11,600+	$22,600+	5.25%
$13,750+	$23,200+	5.90%
$21,150+	$42,300+	6.45%
$79,600+	$425,000+	6.65%
$212,500+	$371,900+	6.85%
$1,115,850+	$2,231,700+	8.82%

3.The New York Income Tax

New York imposes a tax on the income of the state, with a maximum marginal tax rate of%, between tax brackets divided. As tax federal income tax on the income of New York allows couples filing jointly, to pay a lower overall rate of their combined income with larger tax brackets for joint filers.
Top marginal tax rate in New York is the highest in the 1st US, ranking just below the% of New York. You can read more about how New York compares tax to study taxes on the profits of the other States by visiting our board of income tax by the state.

New York signed a comprehensive tax reduction bill into law in December 2011, creating the lowest tax rates in central carrier in 58 years. Tax relief should will save more than 4.4 million taxpayers, $ 690 million affecting tax deposit this year. Despite these tax breaks, New York still has one of the highest tax rate on the income of the state in the country. Almost 10 million taxpayers file New York every year, and eFile program of over 90% with New York.

Should I file tax return a New York?

Generally, if you needed a federal tax return to New York file will wait until you file a return of the state. If you do not have to make a federal return, you must submit a return of the state.

How can I get an extension of my New York income tax file?

If you have to submit your tax return for an extension, you must submit an application for renewal in accordance with the Department of Taxation and Finance. Most applications will raise an automatic extension has been granted 5 months.

Tax Credits for New York State Income

New York supports many of the same deductions and tax credits on the federal tax return, but with different (usualy low) student. The following state tax credits apply to all eligible residents of New York:
• New York City Earned Income Tax Credit (EITC) - 30% of eligible federal EITC, net of loans to households
• / Credit custody of dependent children - from 20% to 110% of the federal credit of the child, from her gross income in New York
• Empire State Child Credit - 33% of the federal tax credit child ot $ 100 for each eligible child. Valid for children aged at least four years, who qualify for the federal credit of the child. When you receive a Federal Credit, the income limits are $ 110k for joint filers and $ 75k for single filers
• / Credit custody of dependent children - from 20% to 110% of the federal credit of the child, from her gross income in New York
• student loan - up to 10,000 euros in deduction or a tax credit of up to $ 400 on qualified education expenses
• Credit -A small households ($ 75 to $ 100 +), which can be charged by householder directly on your tax return. Must have an income of $ 32k or less (co-) or $ 28k or less (single)
• Extra Credit - Real tax credit, credit of alternative fuels and clean fuel heating credit and much more.
It -44 days before Tax Day, April 15, 2015, the IRS is accepting tax returns in January 2015 begin eFiled remaining - you can make your online tax return for free with TurboTax start today.

 4 Tax Deductions New York

Tax deductions are expenses that can be deducted from your gross income before taxes. Use of deductions is an excellent way to reduce taxes to your New York and maximize your refund, so be sure you claim deductions mey to your federal tax returns and New York research. Details of certain deductions in New York available, see the list of New York, the tax deductions on income.

4.1 - New York standard deduction
Unlike many other states, New York is not a standard deduction. Some itemized deductions (including property taxes, qualified donations, etc.) are allowed, depending on income and type of taxpayers filing. Note that all allowable deductions on your income tax return is not necessarily allowed on your tax return on the income of New York.

4.2 - New York Personal Exemptions
New York no personal exemption. The income tax, however, allows a personal exemption of your gross income to deduct if you are responsible to assist you financially.

4.3 - New York Last deduction
Unlike most states, New York is not a dependent deduction. However, you can claim depends on deductions federal tax return.

4.4 - New York itemized deductions
New York allows limited itemized deductions. You may be able claim the income from New York, as you do most of the same deductions on your tax return on your federal return, but may have more restrictions and phase out for higher income taxpayers. For more information, see the full list of New York deductions.

5. Income Tax forms New York

Tax-Rates.org offers easy access to the five most commonly used forms of tax on the income of New York, in downloadable PDF format. For all tax forms we offer, visit our New York library tax forms or side "tax forms.

.

02/2015

Form 201-I - Individual Income Tax Instructions

If you are a nresident of New York you need to file form 201. This instruction booklet will help you to fill out and file form 201.

02/2015

Form 203-I - Nonresident Income Tax Instructions

If you are a nonresident of New York who needs to file income taxes with the state, you must file form 203. This instruction booklet will help you to fill out and file form 203.

02/2015

Form IT-201 - Individual Income Tax Return

Form IT-201 is the standard New York income tax return for state residents. Nonresidents and part-time residents must use must use Form IT-203 instead.

02/2015

Form IT-201-ATT - Additional Taxes and Tax Credits

Form IT-201-ATT is a schedule that can be attached to your Form IT-201 Income Tax Return for itemizing tax credits claimed and additional taxes owed (including capital gains and other misc. taxes).

02/2015

Form IT-203 - Nonresident Income Tax Return

Form IT-203 is the nonresident and part year resident income tax return.

11/2012

Printable New York Tax Table & Tax Reference Tax-Rates.org provides a printable New York datasheet including an income tax table, a list of New York tax deductions, important URLs and addresses, and more. This document is in PDF format

If you are not a resident of New York, a complicated tax return or other special circumstances that you need to download the additional tax forms on the website. You can find 2015 tax forms on New York page Income Tax Forms on income.

6. How do you submit your income tax return New York

Once you have completed your tax return the income from New York, you have several options for filing and paying your income tax. You can send your return to the correct address below and enter your payment by check or money order. You can also electronically file your New York tax return with a tax preparer or by using the online tax software and pay your taxes now with debit or credit card (fresh additional credit card can ask).

7. Where do you send your New York tax return

When you have completed the physical tax return forms, send your New York control the filled-income New York later 17 April. Please make sure you send filled to the correct address for your type of deposit your tax forms.

Tax returns (for free)
State treatment center
PO Box 61000
Albany NY 12261-0001 tax return (payment in the appendix)
State treatment center
PO Box 15555
Albany NY 12212-5555

8. e-Filing: Enter your tax return in New York Online

Efile program Visit New York
You can save New York income tax directly to the time and money by electronically filing your. Advantages of e-Filing your tax return include New York Instant template, error checking and faster reimbursement of response times. Most tax preparers to electronically file your return for you, or you can do with the free or paid tax software, as the following examples it yourself.
New York requires that you use a TED if you. EFile-enabled software to process your return, and you have an internet connection Over 90% of taxpayers to file online New York, New York, and state law prevents tax preparer to additional costs for the TED your tax return.
To send your tax return on income of New York and Federal, you need a piece of control software, which is certified by the IRS eFile. While most in-depth tax software charges a fee, there are several options available in the States, and simple versions are also offered free of most tax software companies.
The two most popular tax software H & R Block At Home, by tax preparation company H & R Block and TurboTax federal and state governments sold, sold by Intuit software company. Both companies produce several editions for simple to complex tax returns, so be sure to carefully compare the features of each package offered.

9. Get your refund the New York Tax

If your tax witholdings of the state are more than the amount of income tax you owe the state of New York, you get a government to obtain tax refund check for the difference.
It would take one to three weeks, until your refund check processed after the tax return on income received. Their return and the early archiving can help ensure that your electronic deposit refund check is sent as soon as possible.
After you have submitted your tax return, all you have to do to wait for your refund to arrive. If you want to check the status of your tax refund New York, you can visit the Tax Refund page on New York Convention.
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10. References

1. Our ranking figures and state tax revenues are on a family of four (parents married with two children) on the basis of merit, the national median household income of $ 50,000 per year. Deductions and personal exemptions will be considered but some special deductions for the state and tax credit programs can only be taken into account.
2. The tax rate will be officially released on revenue of New York Prior to 2015, the preliminary tax rates in 2015 to 2014 income tax brackets New York.
3. The income tax brackets for the 2015 individual state are updated with the results from New York and the Tax Foundation.
4. New York tax forms come from the pages of tax forms Income New York and are updated on an annual basis. Please take the forms of New York, you will be using updated.