Article: 50498

Overview 

If you are an individual taxpayer who paid New York City Unincorporated Business Tax (UBT) as a member of a partnership, limited liability company, or New York S corporation, you may be eligible for a New York State personal income tax credit to help offset that tax. 

To claim the credit, you must file Form IT-219 – Credit for New York City Unincorporated Business Tax with your Form IT-201 (resident return) or Form IT-203 (nonresident/part-year return). 

Who is Eligible? 

You may claim the UBT credit if: 

• You paid UBT to New York City directly or through a pass-through entity (like a partnership or LLC), 

• The UBT relates to income also taxed on your NYS return, 

• The business activity was conducted partially or wholly within NYC, and 

• You are not deducting the same UBT as a business expense on your federal return (to avoid double benefit). 

Note: This credit is nonrefundable, meaning it can reduce your NYS income tax to zero but will not generate a refund. 

How to Report 

1. Navigate to the State Taxes section on the left-hand side of the screen. 

2. Click the link: I’d like to see the forms I’ve filled out or search for a form. 

3. In the dropdown menu, select New York. 

4. Click on the IT Credits 100 – 200 Series tab. 

5. Select IT-219 – Credit for NYC Unincorporated Business Tax to open the screen. 

6. Enter all applicable information.  

7. Click Save once complete. 

Additional Resources 

For further guidance, see:  

• 2024 New York State Instructions for Form IT-201 – Full-Year Resident Return 

• Instructions for Form IT-219 – Credit for NYC Unincorporated Business Tax (PDF)