New York Basic Instructions
Electronic Signature: Personal Identification Number (PIN)
New York has simplified the signature requirement for e-file personal income tax returns. The PIN signature requirements eliminate the need to mail any forms or documents to the tax department for an e-filed tax return. The PIN must be a five digit number of your choosing.
Permanent Home Address
If your mailing address is different from your permanent home address (for instance, your mailing address is a PO box), enter your home adress. Your home address is teh address of the dwelling place in New York State where you actually live, whether you own or rent it.
If you are in the armed forces and your permanent home was in New York State when you entered the military, enter your New York permanent home address regardless of where you are stationed.
If you moved after December 31, 2007, enter you home address as of December 31, 2007. Be sure you have entered your current address in the address section of your federal tax information. This will be considered your mailing address.
Part-Year Resident of New York State
You are considered a part-year resident of New York if, during 2007, you moved your permanent home into or out of New York. You must pay New York income tax on income you earned, received or accrued while living in New York. You must prepare a IT-203 to allocate your income to New York and other states.
For both nonresident or part-year resident of NY one date must be entered that best describes the status of the taxpayer on the last day of the tax year. The choices are: date moved into New York, date moved out of state and received New York income while a nonresident or date moved out of state and no New York income received.
If you are required to file a joint Form IT-203 and only one of you had New York source income, the spouse with New York source income must complete IT-203-C. Married nonresidents and part-year residents who are required to file a joint New York State return must use the combined income of both spouses to determine the bas tax subject to the income percentage allocation, even if only one spouse has New York source income. However, a spouse with no New York source income cannot be required to sign the joint return and cannot be held liable for any tax, penalty, or interest that may be due. The IT-203-C will all the tax department to properly process the return.
Nonresident of New York State
If you are a resident of another state and worked in New York during 2006, you are required to file a New York income tax return (IT-203) and are required to pay New York income tax on salary wages and other employee compensation for work performed in New York.
New York City Information
If you moved into or out of New York City during the tax year, enter the applicable dates. The dates need to be in the mm-dd format. No year is required. The dates entered here will generate Form IT-360.1 and the income will be automatically pro-rated. The income will be taken from Form W-2 in the state section. In the locality box by sure to enter NYCPY or NYCNR. If the pro-rated amounts are not correct, go to Form IT-360.1 and enter the correct amounts.
Yonkers Information
If you moved into or out of Yonkers during the tax year, enter the applicable dates. The dates need to be in the mm-dd format. No year is required. The dates entered here will generate Form IT-360.1 and the income will be automatically pro-rated. The income will be taken from Form W-2 in the state section. In the locality box by sure to enter NYYPY or NYYNR. If the pro-rated amounts are not correct, go to Form IT-360.1 and enter the correct amounts.
If you are a full year resident of Yonkers and have entered NYY on the W-2 in the locality box, the resident tax for the city of Yonkers will be automatically computed.
College Tuition Credit
If the taxpayer, spouse or dependent(s) was an undergraduate student enrolled at or attending an institution of higher education, you may be entitled to a college tuition credit. The college tuition credit is available to full-year New York State residents only. If the credit exceeds you tax for the year, the excess credit will be refunded. The credit is limited to $400 per eligible student.
If you itemized your deductions on your federal return you may elect to claim the New York college tuition itemized deduction. The maximum deduction is $10,000 per eligible student.
The software will determine whether taking the credit or taking the itemized deduction give you a greater tax advantage.
If a student is claimed as a dependent on another person's New York State tax return, only ther person who claims the student as a dependent may claim the credit or itemized deduction.
If the student or parents of the student (if the student is a dependent) are filing a nonresident or part-year resident return the credit for college tuition is not allowed. However, the college tuition may be claimed as an itemized deduction. Fill out the required information for the IT-203-B on Form IT-272.
Child and Dependent Care Credit
If you qualify to claim the federal child and dependent care credit, you can claim the New York State credit. The information will carry from the federal Form 2441.
If you have a dependent who turns 13 during the tax year, enter the birth month of that dependent. Include the expenses paid from January 1 through the day preceding the child's 13th birthday plus any expenses paid for other dependents.
If you do not have a dependent turning 13 during the tax year no entry is required. Expenses paid will carry form the federal 2441.
Property Tax Credit
If your household gorss income was $18,000 or less, you may be entitled to a credit on your New York State income tax return for part of the real property taxes or rent you paid during the current year.