Use the New York Tax Form Calculator New York Tax Form 112c: New York State Resident Credit for Taxes Paid to a Province of Canada as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 New York state tax return. New York Tax Form 112c: New York State Resident Credit for Taxes Paid to a Province of Canada is also integrated into our comprehensive New York State Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and New York State Tax Estimator to quickly calculate your salary, tax and take home pay in New York.
Submit this form and a copy of federal Form 1116 with Form IT-201, IT-203, or IT-205. Failure to do so will delay any refund to which you may be entitled or, if you owe taxes, could result in late-filing penalties. If you are not required to file federal Form 1116, see instructions. | |||||
Part 1 – Income and adjustments (see instructions) Report all amounts in U.S. dollars. | A Amount reported on New York State return | B Amount sourced to and taxed by the Canadian province | |||
Whole dollars only | Whole dollars only | ||||
1 | Wages, salaries, tips, etc. | 1 | 1 | ||
2 | Taxable interest income | 2 | 2 | ||
3 | Ordinary dividends | 3 | 3 | ||
4 | Taxable refunds, credits, or offsets of state and local income taxes | 4 | 4 | ||
5 | Alimony received | 5 | 5 | ||
6 | Business income or loss | 6 | 6 | ||
7 | Capital gain or loss | 7 | 7 | ||
8 | Other gains or losses | 8 | 8 | ||
9 | Taxable amount of IRA distributions | 9 | 9 | ||
10 | Taxable amount of pensions and annuities | 10 | 10 | ||
11 | Rental real estate, royalties, partnerships, S corporations, trusts, etc. | 11 | 11 | ||
12 | Farm income or loss | 12 | 12 | ||
13 | Unemployment compensation | 13 | 13 | ||
14 | Taxable amount of social security benefits | 14 | 14 | ||
15 | Other income | 15 | 15 | ||
16 | Add lines 1 through 15 | 16 | 16 | ||
17 | Total federal adjustments to income | 17 | 17 | ||
18 | Federal adjusted gross income (subtract line 17 from line 16) | 18 | 18 | ||
19 | New York adjustments (see instructions) | 19 | 19 | ||
20 | New York adjusted gross income (line 18 and add or subtract line 19; see instructions) | 20 | 20 | ||
21 | Capital gain portion of lump-sum distributions (see instr.) | 21 | 21 | ||
22 | Add lines 20 and 21 | 22 | 22 | ||
Part 2 – Computing your resident credit or addback for taxes paid to a province of Canada | |||||
If any portion of the Canadian provincial income tax that entitled you to a New York State credit is claimed as a foreign tax credit on your federal return in a succeeding tax year, the amount claimed must be added back to your New York State tax liability for that succeeding tax year. | |||||
23 | 23 | ||||
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Part 3 – Application of credit | |||||
47 | 47 | ||||
48 | 48 | ||||
49 | 49 | ||||
50 | 50 | ||||
Part 4 – Information from your Canadian federal and/or provincial returns | |||||
You are not required to submit a copy of the return you filed with a province of Canada with Form IT-201, IT-203, or IT-205. Submitting a copy of the provincial return is optional. You are still required to submit a copy of federal Form 1116 (if filed). However, you may be required to furnish a copy of your Canadian provincial return at a later date. Whether or not you submit a copy of the provincial return with Form IT-201, IT-203, or IT-205, you must complete this section. | |||||
51 | 51 | ||||
Note: For lines 52 through 55, provinces other than Quebec should use the Canada column. | Canada | Quebec | |||
52 | Enter your total tax payable (see instructions) | 52 | 52 | ||
53 | Enter the amount of your prepayments (see instructions) | 53 | 53 | ||
54 | Enter the amount of overpayment, if any, shown on the return you filed with Canada or Quebec | 54 | 54 | ||
55 | Enter the balance due, if any, shown on the return you filed with Canada or Quebec (see instructions) | 55 | 55 |
Tip: use the New York Tax Calculator to edit your refundable and non-refundable tax credits including New York Tax Form 112c: New York State Resident Credit for Taxes Paid to a Province of Canada. Complete, Calculate, print and or save your tax calculation for later use.
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