Form It-200-I Instructions - Resident Income Tax Return - New York State Department Of Taxation And Finance - 2001

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New York State Department of Taxation and Finance
IT-200-I
Resident Income Tax Return
Instructions
New York State
City of New York
City of Yonkers
Instructions for Form IT-200 and Fast Form IT-100
(for full-year New York State residents only)
Highlights for 2001 (see page 2)
This booklet also contains:
Instructions for Form IT-214, Claim for Real Property Tax Credit
for Homeowners and Renters
Instructions for Form IT-215, Claim for Earned Income Credit
Instructions for Form IT-216, Claim for Child and Dependent Care Credit
Think e-file... It’s easy, fast, and safe.
See page 5 and log on to for
more information.
From Commissioner Arthur J. Roth:
Dear New York taxpayer ...
The last several months have represented a time of remarkable challenge
And the Department’s Web site – – registered more
for the state of New York, beginning with the cowardly terrorist attacks of
than 30 million “hits” in 2001 as taxpayers made increased use of the
September 11, 2001, on the World Trade Center.
services available on the site. We also offer a toll-free taxpayer assistance
hotline at 1 800 CALL TAX, which will put you in touch with one of our
Now, as we move forward in our rebuilding efforts, we are fortunate that
taxpayer services representatives.
policies enacted over the last several years have infused an essential
strength into New York’s economy.
I encourage you to take advantage of the myriad services offered by the
Department of Taxation and Finance and thank you for helping us achieve
For example, since 1995, 19 different taxes have been cut a total of
our goal of being a world-class service organization.
57 times, fueling New York’s economic resurgence by saving taxpayers
nearly $55 billion to date. When the cuts are fully effective, New York
This year, we are also engaged in an important new initiative in
taxpayers will have realized $100 billion in savings.
conjunction with the New York State Division of Criminal Justice Services.
For the first time ever, we are using our IT-200-P and IT-201-P resident
When filing their 2001 tax returns, taxpayers will be able to take
tax packets to increase awareness of the issue of missing children and
advantage of new tax savings, including a higher education tuition credit
adults. The packets contain a special four-page insert (Publication 40,
or deduction. The credit and deduction are available for undergraduate
Missing Children and Young Adults) that includes information about
study, with the maximum amount of allowable college tuition expenses of
individual missing children and adults, as well as safety tips. If you would
$10,000 phased in equally over a four-year period beginning with
like to order a copy of Publication 40, see Need Help? in these
tax year 2001.
instructions. The information this publication contains might save a life.
Other major tax changes include an increase in the standard deduction for
As you take the time to prepare your New York State personal income tax
married couples filing a joint tax return and an increase in the earned
return, please take a few moments to remember the sacrifices that we
income credit. For working families, the earned income credit increases
and our forefathers have endured to make this state and this country
from 22.5% to 25% of the federal credit for tax year 2001, with even
great. God Bless America.
further increases scheduled for future tax years.
Sincerely,
Meanwhile, the level of service offered by the Department of Taxation and
Finance to you, our customers, has continued to climb. For instance,
more and more taxpayers are making use of the electronic filing option as
a more convenient, more secure way to file their tax returns. In fact, last
Arthur J. Roth
year, a record-setting 1.4 million taxpayers filed their returns electronically.
Commissioner

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