Bill > A06794

This bill amends the New York state tax law to change the threshold for resident individuals required to file state income tax returns. Specifically, it removes the requirement that individuals have federal adjusted gross income in excess of $4,000 or their New York standard deduction, whichever is lower, and instead requires all resident individuals who are required to file a federal income tax return or receive a lump sum distribution subject to state tax to file a New York state income tax return. The changes apply to taxable years beginning on or after January 1, 2020.