It 150 Form PDF Details

Do you need to complete an It 150 form? If so, there are a few basic rules and requirements you should be aware of. The IT-150 is a tax filing used in New York State that allows residents to report their income, calculate their taxes due, and request any applicable state credits. This blog post will help you understand more about the It 150 form so that you can make sure everything is filled out correctly and ensure your taxes are filed correctly. Read on for more information on completing the IT-150 form in New York State.

QuestionAnswer
Form NameIt 150 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesfillable nys tax forms, ny tax form, state tax forms print, fillable new york state tax forms

Form Preview Example

If applicable, also enter your second 2-character
special condition code ................................................

New York State Department of Taxation and Finance

Resident Income Tax Return (short form)

New York State • New York City • Yonkers

Important: You must enter your social security number(s) in the boxes to the right.

Your first name and middle initial

Your last name ( for a joint return, enter spouse’s name on line below )

typeor

Spouse’s first name and middle initial

Spouse’s last name

 

 

 

 

 

 

 

 

 

Print

Mailing address ( see instructions, page 12 ) ( number and street or rural route )

 

Apartment number

 

 

 

 

 

 

 

 

 

 

 

City, village, or post office

 

State

ZIP code

Country ( if not United States )

 

 

 

 

 

 

Permanent home address ( see instructions, page 12 ) ( number and street or rural route )

 

Apartment number

 

 

 

 

 

 

 

City, village, or post office

 

 

State

 

ZIP code

Decedent

 

 

 

 

NY

 

 

 

 

 

 

 

 

 

 

information

IT-150

Your social security number

Spouse’s social security number

New York State county of residence

School district name

School district

code number ........................

Taxpayer’s date of death Spouse’s date of death

(A) Filing

status —

mark an

 

X in

one box:

Staple check

or money order

 

here

 

 

Single

Married filing joint return

( enter spouse’s social security number above )

Married filing separate return

( enter spouse’s social security number above )

Head of household ( with qualifying person )

Qualifying widow(er) with dependent child

(C)Were you a New York City resident

for all of 2010? ( Part-year residents

 

 

must file Form IT-201; see page 13. )

Yes

No

(D)Can you be claimed as a dependent

on another taxpayer’s federal return?

 

 

( see page 13 )

Yes

No

(E)Enter your 2character special condition code

if applicable ( see page 13 ) ...........................................

(B) Choose direct deposit to avoid paper check refund delays.

For help completing your return, see the combined instructions for Forms IT-150 and IT-201.

Dollars

Cents

 

1

. ....................................................................................................................Wages, salaries, tips, etc

 

 

 

 

 

 

 

 

 

1.

 

2

Taxable interest income

 

 

 

 

 

 

 

 

 

2.

 

3

Ordinary dividends

 

 

 

 

 

 

 

 

 

3.

 

4

Capital gain distributions

 

 

 

 

 

 

 

 

 

4.

 

5

Taxable amount of IRA distributions. If received as a beneficiary, mark an X in the box

 

 

 

 

 

 

 

5.

 

...........

 

 

 

 

 

 

6

Taxable amount of pensions and annuities. If received as a beneficiary, mark an X in the box

 

 

 

 

6.

 

 

 

 

 

 

7

Unemployment compensation

 

 

 

 

 

 

 

 

 

7.

 

8

................................................Taxable amount of social security benefits (also enter on line 17 below)

 

 

 

 

 

 

 

 

 

8.

 

9

Add lines 1 through 8

9.

 

10

Total federal adjustments to income (see page 14)

Identify:

 

 

 

 

 

 

 

 

 

10.

 

11

..............................................................Federal adjusted gross income (subtract line 10 from line 9)

 

 

 

 

 

 

 

 

 

11.

 

12

Interest income on state and local bonds and obligations ( but not those of NYS or its local governments )

12.

 

13

Public employee 414(h) retirement contributions from your wage and tax statements (see page 15)

..

 

13.

 

14

Other (see page 15)

Identify:

 

 

 

 

 

 

 

 

 

14.

 

15

Add lines 11 through 14

15.

 

16

Pensions of NYS and local governments and federal government (see page 16)

16.

 

 

 

 

 

 

 

 

 

 

17

.............Taxable amount of social security benefits (from line 8 above)

17.

 

 

 

 

 

 

 

 

 

 

18

..........................Pension and annuity income exclusion (see page 16)

18.

 

 

 

 

 

 

 

 

 

 

19

Other (see page 17)

Identify:

19.

 

 

 

 

 

 

 

 

 

 

20

......................................................................................................................Add lines 16 through 19

 

 

 

 

 

 

 

 

 

20.

 

21

New York adjusted gross income (subtract line 20 from line 15)

21.

 

22

New York standard deduction (see page 19)

22.

 

0

0

 

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23

Dependent exemptions (not the same as total federal exemptions; see page 19)

23.

0

0

0

 

0

0

 

 

24

............................................................................................................................Add lines 22 and 23

 

 

 

 

 

 

 

 

 

24.

0 0

25

.......................................................................................Taxable income (subtract line 24 from line 21)

 

 

 

 

 

 

 

 

 

25.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1501100094

0 0

Please file this original scannable return with the Tax Department.

IT-150 (2010) (back)

 

 

 

 

 

Dollars

 

Cents

26

Taxable income (from line 25 on the front page)

 

 

 

 

 

 

 

 

 

 

 

 

26.

 

 

 

27

...............New York State tax on line 26 amount (see page 20 and Tax computation on pages 50 and 51)

27.

 

 

 

28

New York State (NYS) household credit (from table 1, 2, or 3 on page 20).

.............................................

 

 

 

28.

 

 

 

29

Subtract line 28 from line 27 (if line 28 is more than line 27, leave blank)

 

 

 

 

29.

 

 

 

30

New York City (NYC) resident tax (see page 21)

30.

 

 

 

 

 

 

 

31

NYC household credit (from table 4, 5, or 6 on pages 21 and 22)

31.

 

 

 

 

 

 

 

32

Subtract line 31 from line 30 (if line 31 is more than line 30, leave blank)

 

 

 

 

 

 

 

 

 

 

 

 

32.

 

 

 

33

.......................................Yonkers resident income tax surcharge (from Yonkers worksheet on page 22)

33.

 

 

 

34

Yonkers nonresident earnings tax (attach Form Y-203)

 

 

 

 

34.

 

 

 

35

Sales or use tax (See the instructions on page 23. Do not leave line 35 blank.)

35.

 

 

 

36Voluntary contributions (whole dollars only; see page 24)

 

Fund a

36a.

 

Fund b

36b.

 

 

 

 

Fund c

 

36c.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fund d

36d.

 

Fund e

36e.

 

 

 

 

Fund f

 

36f.

 

 

 

 

 

 

 

 

 

 

 

 

Fund g

36g.

 

 

Fund h

36h.

 

 

 

 

 

Total (add lines 36a through 36h)

36.

 

 

0 0

37

Add line 29 and lines 32 through 36

37.

 

 

 

38

Empire State child credit (attach Form IT-213)

 

........................................

 

 

 

 

38.

 

 

 

 

 

 

 

 

 

 

 

39

..........NYS / NYC child and dependent care credit (attach Form IT-216)

 

39.

 

 

 

 

 

 

 

Forms IT2, IT1099R,

 

 

40

NYS earned income credit (attach Form IT-215 or Form IT-209)

 

 

40.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and/or IT1099UI must be

41

NYS noncustodial parent earned income credit (attach Form IT-209) ...

 

41.

 

 

 

 

 

 

 

completed and attached to

42

Real property tax credit (attach Form IT-214)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

your return (see page 26).

 

 

 

 

 

 

42.

 

 

 

 

 

 

 

........................................

 

 

 

 

 

 

 

 

 

 

 

 

Staple them (and any other

43

College tuition credit (attach Form IT-272)

 

 

 

 

 

 

43.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

applicable forms) to the top

44

NYC school tax credit

 

 

 

 

 

 

 

44.

 

 

 

 

 

 

 

of this page.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

45

NYC earned income credit (attach Form IT-215 or Form IT-209)

 

 

45.

 

 

 

 

 

 

 

See the Step 11 instructions

46

Total New York State tax withheld

 

 

 

 

 

 

 

46.

 

 

 

 

 

 

 

on page 30 for the proper

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

assembly of your return and

47

Total New York City tax withheld

 

 

 

 

 

 

 

47.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

attachments.

 

 

48

Total Yonkers tax withheld

.................................................................

 

 

 

 

 

 

 

48.

 

 

 

 

 

 

 

 

 

 

 

49

Total estimated tax payments / Amount paid with Form IT-370

 

49.

 

 

 

 

 

 

 

 

 

 

 

50

......................................................................................................................Add lines 38 through 49

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50.

 

 

 

51

........................................Amount overpaid (if line 50 is more than line 37, subtract line 37 from line 50)

 

 

 

 

 

 

51.

 

 

 

52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of line 51 to be refunded by ( mark one ):

 

 

direct deposit ( fill in line 56 ) or

 

 

 

paper check refund

52.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

53Amount of line 51 that you want applied to your

2011 estimated tax (see instructions)

53.

 

54Amount you owe (if line 50 is less than line 37, subtract line 50 from line 37).

To pay by electronic funds withdrawal, mark this box

 

and fill in line 56

54.

 

 

 

 

 

 

55Estimated tax penalty (include this amount in line 54

or reduce the overpayment on line 51; see page 27)

55.

 

 

 

 

56Account information for direct deposit or electronic funds withdrawal ( see page 28 ).

If the funds for your payment (or refund) would come from (or go to) an account outside the U.S. , mark an X in this box ( see pg. 28 )

56a Routing number

 

 

Electronic funds withdrawal effective date

 

 

 

 

 

 

 

56b Account number

 

 

 

 

56c Account type

 

 

Checking

 

Savings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirdparty

 

Print designee’s name

 

Designee’s phone number

 

 

 

Personal identification

designee ? ( see instr. )

 

 

 

 

(

)

 

 

 

 

number ( PIN )

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

No

 

 

 

E-mail:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Paid preparer must complete ( see instructions )

Date:

Preparer’s signature

Preparer’s NYTPRIN

 

 

 

 

 

 

 

Firm’s name ( or yours, if self-employed )

Preparer’s PTIN or SSN

 

 

 

 

Address

Employer identification number

 

 

 

 

 

 

Mark an X if

 

 

self-employed

E-mail:

 

 

 

 

 

 

 

Taxpayer(s) must sign here

Your signature

 

 

 

 

 

 

 

Your occupation

 

 

 

 

Spouse’s signature and occupation ( if joint return )

 

 

 

Date

 

Daytime phone number

 

 

 

E-mail:

 

 

 

 

 

See instructions for where to mail your return.

1502100094

Please file this original scannable return with the Tax Department.

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