Personal income tax up-to-date information for 2019 (Articles 22 and 30)
The following changes were not reflected on the forms for 2019 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-272-I
IT-196-I
IT-201-I
IT-204-I
IT-209-I
IT-215-I
IT-225-I
On page 2, 2nd column, the instruction as to how to claim the credit should read:
Important: You must submit Form IT-272 with your 2019 Form IT-201 to claim the college tuition credit or the college tuition itemized deduction.
On page 2, 1st column, disregard the Note under the Interest you paid section.
On page 3, 1st column, add the following between the instructions for line 12 and line 14:
Line 13 - Mortgage insurance premiums
- If you claimed an itemized deduction for mortgage insurance premiums on your federal income tax return, enter the amount from federal Schedule A, line 8d.
- If you did not claim an itemized deduction for mortgage insurance premiums on your federal income tax return, compute the amount to enter on line 13 of Form IT-196 as if you had, using the 2019 instructions for federal Schedule A.
On page 18, 1st column, third sentence; replace either with any so it reads:
A withdrawal is nonqualified if any of the following apply:
On page 18, 1st column, add the following between the instructions for item 2 and the first Note:
3. The withdrawal is used to pay the principal or interest on any qualified education loan [as defined in IRC section 221(d)] of the designated beneficiary or a sibling of the designated beneficiary.
4. The withdrawal is used to pay expenses for fees, books, supplies, and equipment required for the participation of a designated beneficiary in an apprenticeship program.
On page 21, 1st column, the line 44 instructions are changed to read:
Line 44 - If a global intangible low-taxed income (GILTI) inclusion amount under IRC § 951A is computed at the entity level, enter 100% of the GILTI amount in the Everywhere column.
If a GILTI inclusion amount is not computed at the entity level, do not include GILTI in the Everywhere column.
There is an omission on page 2 of Form IT-209-I, Instructions for Form IT-209 Claim for Noncustodial Parent New York State Earned Income Credit.
Line 14 should include an additional bullet as follows:
- received a Medicaid waiver payment that you excluded on your federal return and want to exclude from your earned income;
There are errors on page 2 of Form IT-215-I, Instructions for Form IT-215 Claim for Earned Income Credit.
Line 6, Worksheet A, Line 2 should read as follows (change is boldfaced):
2. Enter the amount, if any, from step 5, line 8 of the federal Form 1040 instructions for line 18a.
Line 7 should include an additional bullet as follows:
- received a Medicaid waiver payment that you excluded on your federal return and want to exclude from your earned income;
On page 3, 2nd column, first sentence; replace either with any so it reads:
A withdrawal is nonqualified if any of the following apply:
On page 3, 2nd column, add the following between the instructions for item 2 and the first Note:
3. The withdrawal is used to pay the principal or interest on any qualified education loan [as defined in IRC section 221(d)] of the designated beneficiary or a sibling of the designated beneficiary.
4. The withdrawal is used to pay expenses for fees, books, supplies, and equipment required for the participation of a designated beneficiary in an apprenticeship program.
