Instructions for Form IT-219 Credit for New York City Unincorporated Business Tax - New York

Form IT-219 Credit for New York City Unincorporated Business Tax - New York

This document contains official instructions for Form IT-219 , Credit for New York City Unincorporated Business Tax - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-219 is available for download through this link.

FAQ

Q: What is Form IT-219?
A: Form IT-219 is a tax form used to claim the Credit for New York City Unincorporated Business Tax.

Q: Who can use Form IT-219?
A: Individual taxpayers who are subject to New York City Unincorporated Business Tax and meet certain eligibility requirements can use Form IT-219.

Q: What is the purpose of the Credit for New York City Unincorporated Business Tax?
A: The purpose of the credit is to provide relief to individuals who are subject to both New York City Unincorporated Business Tax and federal self-employment tax.

Q: What are the eligibility requirements for claiming the credit?
A: To be eligible for the credit, you must have income from self-employment within New York City, be subject to both New York City Unincorporated Business Tax and federal self-employment tax, and meet certain income threshold requirements.

Q: How do I claim the credit using Form IT-219?
A: To claim the credit, you must complete and attach Form IT-219 to your New York State income tax return. You will need to provide information about your self-employment income, New York City Unincorporated Business Tax liability, and federal self-employment tax paid.