Instructions for Form IT-260 Change of Resident Status - Special Accruals - New York

Form IT-260 New York State and New York City Surety Bond Form - Change of Resident Status - Special Accruals - New York

This document contains official instructions for Form IT-260 , Change of Resident Status - Special Accruals - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-260 is available for download through this link.

FAQ

Q: What is Form IT-260?
A: Form IT-260 is a tax form used to report a change in your resident status in New York.

Q: What is considered a change in resident status?
A: A change in resident status occurs when you either become a resident or cease to be a resident of New York.

Q: Who should file Form IT-260?
A: You should file Form IT-260 if you had special accruals while changing your resident status in New York.

Q: What are special accruals?
A: Special accruals refer to certain types of income earned while changing your resident status.

Q: What information is required on Form IT-260?
A: You need to provide details about your change in resident status, including the date of change, the amounts and types of special accruals, and other relevant information.

Q: When is Form IT-260 due?
A: Form IT-260 is due on or before the due date of your New York State income tax return for the year in which your resident status changed.

Q: Are there any penalties for not filing Form IT-260?
A: Yes, failure to file Form IT-260 may result in penalties and interest charges.

Q: Can I e-file Form IT-260?
A: No, Form IT-260 cannot be e-filed. It must be filed by mail with the New York State Department of Taxation and Finance.