Get Online New York Tax Refund 2015 – 2016

As a resident of New York, if you are required to file a federal income tax refund then you are also required to file a New York state income tax return. If you’re not required to file a federal tax return but you made more than $4,000 in the state of New York ($3,000 if you are single and can be claimed as someone’s dependent) then you will also be required to file a state tax return.

If you want to claim any of the refundable or carryover credits available then you will have to file a return.

Also, if you’re subject to the New York state minimum income tax then you’ll have to file a state return as well.

New York has both sales tax and income tax and the state income tax rate brackets look like this:


$0 – $8,000 – 4%

$8,000 – $11,000 – 4.5%

$11,000 – $13,000 – 5.25%

$13,000 – $20,000 – 5.9%

$20,000 – $200,000 – 6.85%

$200,000 – $500,000 – 7.85%

$500,000+ – 8.97%


$0 – $16,000 – 4%

$16,000 – $23,000 – 4.5%

$23,000 – $26,000 – 5.25%

$26,000 – $40,000 – 5.9%

$40,000 – $300,000 – 6.85%

$300,000 – $500,000 – 7.85%

$500,000+ – 8.97%

State Tax Filing Refund calculator

The standard deduction for single filers in New York is $7,500 and for married filers it’s $15,000. You can’t take a personal exemption in New York whether you’re single or married but you can take a personal exemption of $1,000 for any dependents you can claim.

The state of New York imposes a fairly mild 4% sales tax on most goods besides food, prescription drugs and non prescription drugs. Like most other states, however, certain cities and counties have the ability to impose an additional sales tax which in New York is up 5% in additional sales tax.

They have one of the steepest gasoline excise taxes at 49 cents per gallon and 49.5 cents per gallon of diesel fuel. The cigarette excise tax is one of the steepest in the country at $4.35 a pack.

Retired military pay, social security, civil service, and state/local government pensions are exempt from taxes. Property tax is limited to real property and there is no inheritance tax.

The state of New York like most other states highly recommends that you consider e-filing your state tax refund as it’s the most efficient method, better for the environment, and a time and money saver.

State Tax Filing Refund calculator

New York State Income Taxes 2015 – 2016

New York state tax basis is the Federal Adjusted Gross Income (AGI).

Interest/Dividend Income: Interest and Dividend income from U.S. government bonds are exempt from State Taxes.

Rent Income: Same as federal.

Capital Gain: The Capital Gains are treated similar to Federal Taxes for State Taxes.

Unemployment Income: Same as federal.

Social Security Benefits: All social security income is exempt from state taxes.

State Bond Interest: Taxable except New York obligations.

Health Savings Accounts: Same as federal.

Disability: Up to $5,200 excluded

Lottery: Same as federal

Federal Income Tax: Not deductible

Other Taxes: Contributions to certain public employee retirement systems and amounts deducted from salaries and wages (for federal tax purposes) under certain New York City public employer flexible benefits programs and retirement systems are included in New York AGI. Deductions for contributions to New York college savings

New York State Tax Forms 2015 – 2016

IT-201-ATT – Other Tax Credits and Taxes

IT-201-D – Resident Itemized Deduction Schedule

IT-201-V – Payment Voucher

IT-225 instructions – New York State Modifications

IT-213 instructions – Claim for Empire State Child Credit

IT-213-ATT – Child Information for Empire State Child Credit

IT-214 instructions – Claim for Real Property Tax Credit for Homeowners and Renters

IT-215 instructions – Claim for Earned Income Credit

IT-216 instructions – Claim for Child and Dependent Care Credit

IT-272 instructions – Claim for College Tuition Credit or Itemized Deduction

IT-2104 – Employee’s Withholding Allowance Certificate

NYC-208 instructions – Claim for New York City Enhanced Real Property Tax Credit

State Tax Filing Refund calculator