This version of the form is not currently in use and is provided for reference only. Download this version of Form IT-182 for the current year.
This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: Who needs to file Form IT-182 in New York?
A: Nonresidents and part-year residents who have passive activity losses.
Q: What is the purpose of Form IT-182?
A: To calculate and report passive activity loss limitations for nonresidents and part-year residents in New York.
Q: What are passive activity losses?
A: Passive activity losses are losses from rental real estate and other passive activities.
Q: How do passive activity losses affect tax liability?
A: Passive activity losses can only offset passive income, and any excess losses are subject to limitations.
Q: What are the limitations on passive activity losses?
A: The limitations depend on the individual's tax filing status and adjusted gross income.
Q: Are there any penalties for not filing Form IT-182?
A: Yes, failure to file Form IT-182 can result in penalties and interest on the unpaid taxes.
Q: Can I e-file Form IT-182?
A: Yes, Form IT-182 can be e-filed if you are using approved software or working with a tax professional.
Q: Do I need to attach any other documents with Form IT-182?
A: You may need to attach supporting documents such as Form IT-203 or Schedule E.
Q: When is the deadline to file Form IT-182?
A: The deadline to file Form IT-182 is the same as the deadline for your New York state tax return.
Form Details:
Download a fillable version of Form IT-182 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.