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Bill > S02169


NY S02169

NY S02169
Amends the threshold of resident individuals required to file New York state income tax returns.


summary

Introduced
01/19/2023
In Committee
01/03/2024
Crossed Over
03/09/2023
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to filing of income tax returns

AI Summary

This bill amends the New York State Tax Law to change the threshold for resident individuals required to file a New York State income tax return. Specifically, it removes the requirement for individuals to file a return if their federal adjusted gross income exceeds $4,000, and instead requires a return if their income exceeds their New York standard deduction. The bill applies to taxable years beginning on or after January 1, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/03/2024)

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