New York Form IT-201 (2025)

What New York needs to know

Every figure below is computed as a resident outside New York City and Yonkers.

What this New York return is missing

• Household credit (line 40), and the empire state child, child and dependent care, earned income, noncustodial parent earned income, real property tax and college tuition credits (lines 63 to 68)too high
  Tax Law §606(b), (c-1), (c), (d), (d-1), (e), (t) · the household credit is keyed to federal AGI: $75 for a single filer at or below $5,000, falling to $20 and ending at $28,000; for filing statuses 2, 4 and 5 from $90 for one person to $180 for seven at or below $5,000, ending at $32,000 (half that for a married separate return); nil at all six personas, whose AGI is above both ceilings. The empire state child credit is the greater of 33% of the federal child tax credit as in effect for 2017 or $100 a child; the college tuition credit is up to $400 a student; the New York earned income credit is 30% of the federal one less the household credit, $259 at the head-of-household persona (federal credit $864) and nil at the other five; the child and dependent care, noncustodial parent and real property tax credits are nil at all six, none of which has care expenses, a support order or a qualifying property tax. The refundable credits lower the total only through the Yonkers surcharge, by 16.75% of themselves
• New York City earned income credit (IT-201 line 70), city child care credit, and the New York City income tax elimination credit (line 70a, Form IT-270)too high
  Tax Law §1310(d), Administrative Code §11-1706 · the city earned income credit runs 10% to 30% of the federal one depending on income, so roughly $86 to $259 at the head-of-household persona, whose federal credit is $864; nil at the other five personas, none of which claims the federal credit. The elimination credit can refund the whole city tax after other credits for a filer with a dependant, investment income of $10,000 or less and federal AGI no more than $5,000 over a threshold of $31,503 (one dependant, single or head of household) to $91,902 (seven or more, joint); nil at all six personas, the head-of-household one being $8,497 over the cut-off. All sit below line 61, so none moves the printed total
• Form IT-225 New York additions and subtractions, and the line 28 subtraction for interest on U.S. government bondsdirection unknown
  Tax Law §612(b), (c) · each addition or subtraction moves the tax by the marginal rate on its amount, 4% to 10.9%; nil at the six personas, none of which carries a New York City flexible benefits deferral, U.S. agency interest or U.S. government bond interest
• Line 26 subtraction for New York State, local government and federal government pensionstoo high
  Tax Law §612(c)(3) · the whole government pension above whatever line 29 already excluded, at the marginal rate: about $2,066 for a single 70-year-old with a $60,000 state pension and $10,000 of interest, and the entire pension for a retiree under 59½; nil at the six personas, whose pensions are taken as private-plan
• Line 29 qualification: distributions to a nonemployee spouse under a QDRO, annuities bought with the filer’s own funds, and SECURE 2.0 Roth employer contributionstoo low
  Tax Law §612(c)(3-a) · up to $20,000 of exclusion a person at the marginal rate, about $1,100 to $1,370 for a single filer and $2,200 to $2,740 for a joint return; nil at the six personas, whose retirement income is all from qualifying plans
• Line 29 age test to the month: 59½ before 1 January 2025, or reached during 2025direction unknown
  Tax Law §612(c)(3-a) · filers born in 1965 or 1966 only: up to $20,000 of exclusion a person at the marginal rate, granted in full to 1965 (tax understated where some distributions came before 59½) and denied in full to 1966 (tax overstated where any came after); nil at the six personas
• Itemized deduction (Form IT-196)too high
  Tax Law §615 · the excess of the IT-196 total over the standard deduction, at the marginal rate: $527 state ($876 in New York City) for a single filer at $95,000 with $17,000 of itemized deductions, $967 ($1,626) at $25,000; nil at the six personas, none of which itemizes

What this New York return is not telling you

• blankny201.base_start could not be figured.
• blankny201.additions could not be figured.
• blankny201.social_security_subtraction could not be figured.
• blankny201.pension_exclusion could not be figured.
• blankny201.subtractions could not be figured.
• blankny201.new_york_agi could not be figured.
• blankny201.state_agi could not be figured.
• blankny201.deduction could not be figured.
• blankny201.dependent_exemption could not be figured.
• blankny201.exemptions could not be figured.
• blankny201.taxable_income could not be figured.
• blankny201.tax_before_credits could not be figured.
• blankny201.supplemental_recapture could not be figured.
• blankny201.surtax could not be figured.
• blankny201.nonrefundable_credits could not be figured.
• blankny201.tax_after_nonrefundable could not be figured.
• blankny201.new_york_city_taxable_income could not be figured.
• blankny201.new_york_city_tax could not be figured.
• blankny201.new_york_city_household_credit could not be figured.
• blankny201.new_york_city_tax_after_credits could not be figured.
• blankny201.new_york_city_school_tax_credit could not be figured.
• blankny201.mctmt could not be figured.
• blankny201.yonkers_surcharge could not be figured.
• blankny201.use_tax could not be figured.
• blankny201.refundable_credits could not be figured.
• blankny201.total_tax could not be figured.