New York Tax Form 219 Fill in and Calculate New York State tax Online

New York Tax Form 219: Investment Credit

Use the New York Tax Form Calculator New York Tax Form 219: Investment Credit as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 New York state tax return.

Tax Law – Article 22, Section 606(a)
Part 1 – Partner (see instructions)
1	Enter the amount from Form NYC-204, line 23 (see instr.)		1
2	Enter the amount from Form NYC-204, line 20 (see instr.)		2
3	Add lines 1 and 2			3
4	Enter your percentage of total distributive shares from Form NYC-204, Schedule C, column I. Enter amount as a decimal and round to the fourth decimal place (for example, 17.5% = 0.175)			4
5	Multiply line 3 by line 4 (if more than one business, see instructions)			5
Part 2 – Individual
6	Resident individual: Enter the amount from Form NYC-202, line 21, or Form NYC-202S, line 8 (see instr.) Part-year resident individual: Enter the amount from Worksheet A, line 5 (on back)			6
Part 3 – Beneficiary’s share of unincorporated business taxes (see instructions)
7	Beneficiary – Enter your share of New York City unincorporated business taxes imposed on the estate or trust (see instructions)			7
	Name of estate or trust		Employer identification number
Part 4 – Computation of credit
8	Fiduciaries: Enter the amount from Schedule A, Fiduciary line, column D (on back; see instr.) All others: Add lines 5, 6, and 7 (partners, see instructions)			8
9	Enter your taxable income from: Full-year NYC resident individuals – Form IT-201, line 37 Part-year NYC resident individuals – Form IT-360.1, line 47 Full-year NYC resident estates or trusts – Form IT-205, line 5 Part-year NYC resident trusts – Form IT-205-A, line 10, col. (b)		9
10	If line 9 above is: – $42000 or less, enter 1 (100%) – more than $42000, but less than $142000, complete Worksheet B (on back) – $142000 or more, enter 0.23 (23%)			10
11	Multiply line 8 by line 10. New York City resident individuals – Continue on line 12 below. NYC part-year resident individuals: Stop; enter line 11 amount on Form IT-360.1, line 54. Estates and trusts: Stop; enter line 11 amount on Form IT-205, line 22			11
New York City full-year resident individuals
12	Amount from Form IT-201, line 49			12
13	Amount from Form IT-201-ATT, line 32			13
14	Amount from Form IT-201-ATT, line 33			14
15	Add lines 12, 13, and 14			15
16	Enter the lesser of line 11 or 15, and transfer the amount to Form IT-201-ATT, line 8			16
Worksheet A
1	Enter the amount from Form NYC-202, line 21, Form NYC-202EIN, line 21, or Form NYC-202S, line 8			1
2	Individuals: Enter the amount from Form IT-360.1, line 6, column B Trusts: Enter the amount from Form IT-205-A, Schedule 4, line 16, column C (see instructions)		2
3	Individuals: Enter the amount from Form IT-360.1, line 6, column A Trusts: Enter the amount from Form IT-205-A, Schedule 4, line 16, column A (see instructions)		3
4	Divide line 2 by line 3 and round the result to the fourth decimal place			4
5	Multiply line 1 by line 4. This is the part-year resident tax imposed on the unincorporated business. Estates and trusts: Include this amount (below) in Schedule A, Totals line, column D. All others: Transfer this amount to line 6 on the front page			5
Worksheet B
1	Base percentage 100%			1
2	Enter your taxable income from the front page, line 9		2
3	Base amount		3
4	Subtract line 3 from line 2		4
5	Divide line 4 by $100000 and round to the third decimal place		5
6	Multiply line 5 by 0.77			6
7	Subtract line 6 from line 1. Transfer this decimal amount to the front page, line 10			7
Schedule A (for estates and trusts only)
Fiduciary’s and beneficiary’s share of New York City unincorporated business tax
A Name and address of beneficiary		B Beneficiary’s identifying number	C Allocation percentage	D Beneficiary’s eligible unincorporated business taxes
Totals






Fiduciary

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