New York State Tax Filing

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New York Tax Details

The New York Department of Taxation and Finance made a few changes to their 2020 tax laws.

Three new forms were created:

  • Form IT-558 - New York State Adjustments due to Decoupling from the IRC
  • Form IT-651 - Recovery Tax Credit
  • Form IT-652 - Employer-Provided Childcare Credit

Two credits expired and are no longer available:

  • Form IT-222 - General Corporation Tax Credit
  • Form NYC-208 - Claim for New York City Enhanced Real Property Tax Credit

Taxpayers can now contribute to new voluntary contributions:

  • Leukemia, Lymphoma, and Myeloma Fund
  • New York State Campaign Finance Fund

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