Form It 205 V PDF Details

In managing fiduciary income tax obligations in New York State, the Form IT-205-V emerges as a pivotal document for those who have electronically filed their fiduciary income tax return and consequently owe taxes. This payment voucher is essential not only for executing payments via check or money order but also serves as a mechanism for those who have previously filed their tax returns and wish to make subsequent payments. Detailed within the form are instructions on preparing the payment, ensuring checks or money orders are made payable to New York State Income Tax with the appropriate estate or trust's employer identification number and the tax year noted to avoid processing delays. Furthermore, the form delineates the proper format for entering addresses, including foreign addresses, and underscores the legal ramifications and fees associated with payments returned due to banking errors. This underscores the state’s effort to streamline tax payments and ensure adherence to tax obligations while providing flexibility in payment methods. Notably, the form also addresses the use of private delivery services for submitting payments, laying out specific guidelines to follow for those opting out of traditional postal services. This thorough approach highlights the importance of accuracy and compliance in the management of fiduciary taxes, offering clear guidance to fiduciaries to fulfill their obligations effectively.

QuestionAnswer
Form NameForm It 205 V
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesit205v_2012_fil l_in it 205 instructions 2012 form

Form Preview Example

New York State Department of Taxation and Finance

Instructions for Form IT-205-V

Payment Voucher for Fiduciary Income Tax Returns

IT-205-V

Who must use a payment voucher?

If you e-iled your New York State iduciary income tax return

(Form IT‑205) and you owe tax, you must submit this payment voucher, Form IT-205-V below, if you pay by check or money

order.

Also use Form IT-205-V if you have previously iled your iduciary income tax return (Form IT-205) and want to make a

payment for that return.

To ind out more about your payment options, visit the Tax

Department’s Web site (at www.tax.ny.gov).

How do I prepare my payment?

Make your check or money order payable to New York State Income Tax for the full amount you owe and write the estate or trust’s employer identiication number and 2012 Income Tax

on it.

How do I prepare the payment voucher?

Enter estate or trust employer ID number (EIN), iscal year begin date and iscal year end date if applicable, name of estate or trust (exactly as shown on federal Form SS-4), name and title of iduciary and address in the spaces provided.

Foreign addresses – Enter the information in the following order: city, province or state, and then country (all in the City, village, or post ofice box). Follow the country’s practice for entering the postal code. Do not abbreviate the country name.

Enter the amount of your payment in the space provided (enter only whole dollar amounts).

Detach the payment voucher at the line indicated below.

Enclose your check or money order with your voucher. Please do not staple or clip your check to your voucher. Detach any

check stubs.

Fee for payments returned by banks – The law allows the Tax Department to charge a $50 fee when a check, money order,

or electronic payment is returned by a bank for nonpayment. However, if an electronic payment is returned as a result of

an error by the bank or the department, the department won’t charge the fee. If your payment is returned, we will send a separate bill for $50 for each return or other tax document

associated with the returned payment.

Where do I send my payment and payment voucher?

Send your payment and this payment voucher to:

NYS FIDUCIARY INCOME TAX

PROCESSING CENTER

PO BOX 4145

BINGHAMTON NY 13902-4145

Private delivery services

If you choose, you may use a private delivery service, instead of the U.S. Postal Service, to mail in your form and tax payment. However, if, at a later date, you need to establish the date you iled or paid your tax, you cannot use the date recorded by a private delivery service unless you used a delivery service that has been designated by the U.S. Secretary of the Treasury

or the Commissioner of Taxation and Finance. (Currently designated delivery services are listed in Publication 55, Designated Private Delivery Services. See Need help? on the back page of these instructions for information on obtaining forms and publications.) If you have used a designated private delivery service and need to establish the date you iled your form, contact that private delivery service for instructions on how to obtain written proof of the date your form was given to the delivery service for delivery. If you use any private delivery service, whether it is a designated service or not, send the forms covered by these instructions to: JPMorgan Chase, NYS Tax Processing – Estimated Tax, 33 Lewis Rd., Binghamton NY 13905-1040.

Detach here

New York State Department of Taxation and Finance

Payment Voucher for Fiduciary Income Tax Returns

IT-205-V

Make your check or money order payable to New York State Income Tax for the full amount you owe and write the estate or trust’s employer identiication number (EIN) and 2012 Income Tax on it. Mail voucher and payment to: NYS Fiduciary Income Tax, Processing Center, PO Box 4145, Binghamton NY 13902-4145.

Name of estate or trust (as shown on federal Form SS-4)

 

 

Estate or trust employer ID number (EIN)

Date iscal year begins

 

 

 

 

 

 

 

 

 

 

 

 

Name and title of iduciary

 

 

 

 

Date iscal year ends

 

 

 

 

 

 

 

 

 

 

Mailing address (number and street or rural route; see instructions) of iduciary

Apartment number

 

 

 

 

 

 

 

 

 

 

 

City, village, or post ofice

State

ZIP code

 

 

 

 

 

 

 

Dollars

 

Cents

E-mail:

 

 

 

 

 

 

 

Balance due

 

 

 

 

00

 

 

 

 

 

 

 

0451120094

IT-205-V (2012) (back)

Privacy notiication

The Commissioner of Taxation and Finance may collect and maintain personal information pursuant to the New York State Tax Law, including but not limited to, sections 5-a, 171, 171-a, 287, 308, 429, 475, 505, 697, 1096, 1142, and 1415 of that Law; and may require disclosure of social security numbers pursuant to 42 USC 405(c)(2)(C)(i).

This information will be used to determine and administer tax liabilities and, when authorized by law, for certain tax offset and exchange of tax information programs as well as for any other lawful purpose.

Information concerning quarterly wages paid to employees is provided to certain state agencies for purposes of fraud prevention, support enforcement, evaluation of the effectiveness of certain employment and training programs and other purposes authorized by law.

Failure to provide the required information may subject you to civil or criminal penalties, or both, under the Tax Law.

This information is maintained by the Manager of Document Management, NYS Tax Department, W A Harriman Campus, Albany NY 12227; telephone (518) 457-5181.

Need help?

Visit our Web site at www.tax.ny.gov

get information and manage your taxes online

check for new online services and features

Telephone assistance

 

Automated income tax refund status:

(518) 457-5149

Personal Income Tax Information Center:

(518) 457-5181

To order forms and publications:

(518) 457-5431

Text Telephone (TTY) Hotline (for persons with

hearing and speech disabilities using a TTY): (518) 485-5082

Persons with disabilities: In compliance with the Americans with Disabilities Act, we will ensure that our lobbies, ofices, meeting rooms, and other facilities are accessible to persons with disabilities.

If you have questions about special accommodations for persons with disabilities, call the information center.

How to Edit Form It 205 V Online for Free

Dealing with PDF documents online is a breeze using our PDF tool. Anyone can fill in Form It 205 V here painlessly. The tool is continually improved by us, receiving new features and growing to be greater. By taking several basic steps, you can begin your PDF editing:

Step 1: Open the PDF form inside our tool by hitting the "Get Form Button" at the top of this webpage.

Step 2: With this advanced PDF file editor, you're able to accomplish more than simply fill out blank form fields. Edit away and make your forms look perfect with custom text put in, or tweak the file's original input to excellence - all comes with the capability to incorporate almost any photos and sign the PDF off.

This PDF form will require particular information to be typed in, so you need to take your time to fill in exactly what is asked:

1. Firstly, when completing the Form It 205 V, start with the section that contains the subsequent blanks:

Filling out segment 1 of Form It 205 V

Step 3: Prior to getting to the next stage, check that blanks are filled in the correct way. Once you are satisfied with it, press “Done." Right after getting afree trial account with us, you will be able to download Form It 205 V or email it directly. The form will also be available in your personal cabinet with your modifications. Here at FormsPal.com, we do our utmost to ensure that your details are kept private.