Form Nyc-1127 - Return For Nonresident Employees Of The City Of New York Hired On Or After January 4, 1973 - 2014 Page 2

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NYC-1127 - 2014
Page 2
Schedule for Married Filing Jointly for State Purposes and Separately for 1127 Purposes (Spouse is not a NyC mayoral agency employee)
SCHEDULE A
line
Amount
1
NYS Adjusted Gross Income
NYS IT-201, line 33; NYS IT-203, line 32.
2
Non NYC Employee Income
Enter all income, additions and subtractions attributable to the non NYC employee
3
Net NYS Gross Income
Line 1 less Line 2
Part-year employees must prorate
4
Compute limitation percentage
Line 3: $
______
.............. = _________ %
standard deduction and dependent
exemption amounts based on num-
Line 1: $
ber of months employed by NyC.
5
Check only one box:
Standard Deduction: $7,700.
n
oR
Itemized deduction - $__________________ X _________ % =
n
(See instructions)
amount from IT 201, line 34
% from line 4
amount from IT 203, line 33
6
New York Dependent Exemption from
NYS return. No exemption is allowed
for employee or spouse. (If married
filing separately for Section 1127
purposes, apply the limitation
percentage from line 4).
7.
Total Deductions and Exemptions
Line 5 + line 6
8.
Allocated New York State
Taxable Income
Line 3 less line 7. Enter on Page 1, line 1.
Nonrefundable credits
SCHEDULE B
line
where do I get the amount?
Amount
a.
New York City School Tax Credit
See Instructions
b.
UBT Paid Credit
See Instructions
c.
NYC household credit
from IT-201 Instructions NYC table 4, 5 or 6
d.
NYC Claim of Right Credit
from Form IT-201-ATT, line 16 or IT-203-ATT, line 15 (attach Form IT-257)
e.
New York City Earned Income Credit
(attach IT-215)
f.
Other NYC taxes
See Instructions
g.
NYC Child and Dependent Care Credit
See Instructions (attach IT-216)
h.
Total of lines a - g
enter on page 1, line 3
Schedule A - Married filing jointly or surviving spouse
If Form NYC-1127, line 1 is:
oVER
bUT NoT oVER
ThE TAx IS:
$
0
$ 21,600
2.907%
of Form 1127, line 1
$ 21,600
$ 45,000
$
628
plus
3.534%
of the excess over
$ 21,600
$ 45,000
$ 90,000
$ 1,455
plus
3.591%
of the excess over
$ 45,000
$ 90,000
$ 500,000
$ 3,071
plus
3.648%
of the excess over
$ 90,000
$ 500,000
$ 18,028
plus
3.876%
of the excess over
$ 500,000
Schedule b - head of household
If Form NYC-1127, line 1 is:
oVER
bUT NoT oVER
ThE TAx IS:
$
0
$ 14,400
2.907%
of Form 1127, line 1
$ 14,400
$ 30,000
$
419
plus
3.534%
of the excess over
$ 14,400
$ 30,000
$ 60,000
$
970
plus
3.591%
of the excess over
$ 30,000
$ 60,000
$ 500,000
$ 2,047
plus
3.648%
of the excess over
$ 60,000
$ 500,000
$ 18,098
plus
3.876%
of the excess over
$ 500,000
Schedule C - Single or married filing separately
If Form NYC-1127, line 1 is:
oVER
bUT NoT oVER
ThE TAx IS:
$
0
$ 12,000
2.907%
of Form 1127, line 1
$ 12,000
$ 25,000
$
349
plus
3.534%
of the excess over
$ 12,000
$ 25,000
$ 50,000
$
808
plus
3.591%
of the excess over
$ 25,000
$ 50,000
$ 500,000
$ 1,706
plus
3.648%
of the excess over
$ 50,000
$ 500,000
$ 18,122
plus
3.876%
of the excess over
$ 500,000
80021491

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