Bill > A00230

This bill amends the New York state tax law by changing the threshold for resident individuals required to file state income tax returns. Previously, individuals with federal adjusted gross income exceeding $4,000 or their New York standard deduction, whichever was lower, were required to file a return. The bill removes the $4,000 threshold and instead requires filing if the individual's federal adjusted gross income, after certain modifications, exceeds their New York standard deduction. This change applies to taxable years beginning on or after January 1, 2024.