Article: 50529
Overview
If you are a New York State resident who paid income tax to another U.S. state, political subdivision, or the District of Columbia on the same income also taxed by New York, you may be eligible to claim a resident credit. This prevents double taxation on the same income.
To claim this credit, complete Form IT-112-R – New York State Resident Credit and include it with your Form IT-201 (resident income tax return).
Who Can Claim the Credit?
You can claim this credit if:
- You were a full-year resident of New York State, and
- You earned income that was also taxed by another jurisdiction, and
- That income is also taxable on your New York return, and
- You paid the tax directly to the other jurisdiction (not withheld on your behalf and later refunded), and
- The tax paid was legally owed and not refundable by the other jurisdiction.
Note: This credit is only for taxes paid to other U.S. jurisdictions it does not apply to foreign countries (which are handled using Form IT-112-C).
What Is the Credit Worth?
The credit is the lesser of:
- The actual tax paid to the other jurisdiction, or
- The New York State tax is due on the same income.
You must complete a separate section for each jurisdiction where you paid tax.
How to Report
- Navigate to the State Taxes section on the left-hand side of the screen.
- Click the link: I’d like to see the forms I’ve filled out or search for a form.
- In the dropdown menu, select New York.
- Click on the IT Credits 100 – 200 Series tab.
- Select Resident Credit for Taxes Paid to Another Jurisdiction to open the screen.
- Enter all applicable information.
- Click Save once complete.
Additional Resources
For further guidance, see: