Personal income tax forms corrections and changes for 2023 (Articles 22 and 30)
The following changes were not reflected on the forms for 2023 when they went to print.
If any of the following updates impact a tax form for which you are responsible for filing, and you have not yet filed such form, you must incorporate these updates when filing such form.
If you have already filed such form, and one of the following updates affects a calculation previously reported, you must file an amended form reflecting such update.
Select a tax form from the following list to identify the changes affecting that form. If a form is not listed, there have been no changes affecting that form.
IT-2105-I & IT-2658-I
Part Q of Chapter 58 of the Laws of 2023 included legislative changes that increased the metropolitan commuter transportation mobility tax rates for certain employers and individuals.
As a result of these legislative changes, the 2023 Forms IT-2105-I and IT-2658-I were updated on August 14, 2023, to provide additional instructions and clarification on how to compute the estimated tax payments due on September 15, 2023, and January 16, 2024.
IT-203-I
The Printer-Friendly Version (PDF) of Form IT-203-I, Instructions for Form IT-203, has been updated. If you used the Printer-Friendly Version (PDF) of Form IT-203-I prior to February 16, 2024, note the following:
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On page 34 of the PDF, under the MCTD allocation percentage section, the 2nd example should read as follows:
Example: Pat is a partner in a partnership XYZ doing business in Zone 1. Pat also reports net earnings from self-employment from two businesses that report their activity on federal Schedule C (Form 1040). Business A carries on business both in and out of Zone 1. Business B carries on business only inside Zone 1. Pat calculates the amount to enter on Line 52b as follows:
| 1. Net partnership income of $80,000 multiplied by 65% (.65), the Zone 1 allocation percentage shown on Form IT-204-IP, line 29b | = $52,000 |
| 2. Business B's net earnings from self-employment of $36,000 | = $36,000 |
| 3. Business A's net earnings from self-employment of $30,000. Since the business is carried on both in and out of Zone 1, use Form IT-203-A to calculate the amount to include: Net earnings of $30,000 × 40% (Form IT-203-A, line 8) | = $12,000 |
| Total amount to be included on line 52b | = $100,000 |
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On page 39 of the PDF, under line 60a instructions, add the following table for Calculation of NYC school tax credit (rate reduction amount) for single ① and married filing separately ③:
If city taxable income is:
The credit is:
over
but not over
$0
$12,000
.171% of taxable income
12,000
500,000
$21 plus .228% of the excess over $12,000
- On page 67 of the PDF, above Tax computation worksheet 12, add the following heading:
Head of household
Note: The html version of the form instructions published on our website is correct and does not require these updates.
IT-204-LL-I
The instructions for Line 5: NYS filing fee have been updated from the original (see highlighted text for updates).
Updated text
LLC and LLP: Find the amount of the New York source gross income, reported on line 4 of Form IT-204-LL, in the table below, and enter the corresponding amount of the NYS filing fee on line 5. If you entered 0 on line 4 of Form IT-204-LL, enter 25 on line 5.
Regular partnership: Find the amount of the New York source gross income, reported on line 4 of Form IT-204-LL, in the table below, and enter the corresponding amount of the NYS filing fee on line 5. If the amount entered on line 4 is less than $1,000,000, or the partnership had no New York source gross income, no NYS filing fee is due. Do not file this form.
Original Text
LLC and LLP: Find the amount of the New York source gross income, reported on line 4 of the worksheet, in the table below, and enter the corresponding amount of the NYS filing fee on line 5. If you entered 0 on line 4 of the worksheet, enter 25 on line 5.
Regular partnership: From the table below, find the amount of the New York source gross income reported on line 4 and enter the corresponding amount of the New York State filing fee on line 5. If the amount entered on line 4 is less than $1,000,000, or the partnership had no New York source gross income, no New York State filing fee is due. Do not file this form.