2017 - Forms corrections and changes (posted in 2017)
Caution: If you downloaded or printed any of the forms listed below prior to the Date Posted listed in the table, you should download or print them again. If the form was updated, the form number will link to the updated PDF files.
| Posted | Form Number | Revision Date | Description of Change |
|---|---|---|---|
| 12/22/2017 | IT-225-I | 2017 | See updated information regarding a New York deduction for student loans discharged due to death or disability. |
| 12/20/2017 | Various income tax forms | 2017 or 2018 | In general, when preparing a New York State income tax return, a taxpayer must use the same filing status that is used on their federal return. If a taxpayer did not have to file a federal return, they must use the same filing status that would have been used if they had filed. The IRS has changed the filing status Qualifying Widow(er) with dependent child to Qualifying widower on federal income tax forms (for information on determining your federal filing status , see www.irs.gov) Therefore, when reading any New York State income tax forms or instructions, substitute Qualifying Widow(er) for Qualifying Widow(er) with dependent child. |
| 8/17/17 | TP-400 TP-400-A TP-400-I TP-402 |
10/99 12/95 4/99 1/97 |
The NYS Gift Tax mailing address was changed to: NYS TAX DEPARTMENT, PO BOX 15167, ALBANY NY 12212-5167. The previous PO Box 397 is no longer valid. See Form TP-400.1 for the updated addresses. |
| 6/12/17 | IT-2105-I and IT-2106-I |
5/17 (2017) | See important information for NYC residents with city taxable income of less than $500,000. |
| 2/24/17 | CT-225-I | 2016 | On page 5, under S-201 Small business modification (CT-3-S filers only), the first sentence is corrected to change the reference from 3.75% to 5%, so that the sentence now reads:
If the New York S corporation is a farm business that employs one or more persons during the tax year, and has net farm income of greater than zero but less than $250,000, then you may deduct an amount equal to 5% of the net items of income, gain, loss and deduction attributable to the farm business included in your federal adjusted gross income (but not less than zero). |
| 2/16/17 | IT-204-I | 2016 | Note: When amended Forms IT-204-CP are filed due to any one of the following updates, then you must provide to all corporate partners any such amended Forms IT-204-CP; you must also complete and provide corrected Forms IT-204-CP to all partners that are partnerships or LLCs.
On pages 17-18, the line 19 instructions should be replaced with the paragraph below: "Enter the income and net gain/(loss) from a debt obligation or other security that cannot be taxed by New York State as a result of the U.S. Constitutional principles found in decisions of the U.S. Supreme Court. If the result of summing the applicable amounts is a net loss, enter the negative amount using a minus (-) sign. Amounts entered on this line should relate to assets listed in Part 1. This line applies only if the partnership is domiciled outside of New York State." On page 18, the Lines 20 through 22 instructions, the third sentence should be replaced with the following: "Enter on line 21 net capital gains/(losses) from investments reported in Part 2. If the result of summing the applicable amounts is a net loss, enter the negative amount using a minus (-) sign." On page 24, the lines 16 through 22 instructions at the top of the first column, the first two sentences should be replaced with the following: "For lines 16 through 22, enter the partner’s distributive share of the amounts from the corresponding lines of Form IT-204.1. If the amount reported on the corresponding line of Form IT-204.1 is a negative amount, report the partner’s share of such negative amount using a minus (-) sign. You must also provide to your partner a statement listing, for each of these lines, the amounts by asset/investment. On such statement, for line 19 amounts, you must list income amounts separately from net gain/(loss) amounts. Note: For line 19 amounts, when netting at the corporate partner or combined group level on Form CT-3.1, losses can only be netted against gains; losses cannot be netted against any other income amounts, such as interest income." |
| 2/16/17 | IT-204.1 | 2016 | On page 4, line 21, the line description should be changed to read:
"Net capital gains/(losses) from investment capital from stocks actually held more than one year" |
| 2/16/17 | IT-204-CP | 2016 | On page 5, line 21, the line description should be changed to read:
"Net capital gains/(losses) from investment capital from stocks actually held more than one year" |
| 2/16/17 | IT-204-CP-I | 2016 | On page 3, the Lines 16 through 22 instructions, add the following after the first sentence:
Note: For line 19 amounts reported to you, when netting at the corporate partner or, for corporate partners included in a combined report, the combined group level, on Form CT-3.1, losses can only be netted against gains; losses cannot be netted against any other income amounts, such as interest income. |
