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

Instructions for Form NYC-1127 2001

Page 3

Partial-year employees must prorate the

LINE 56 - CREDITS

Mail your form to:

standard deduction according to the num-

Part year City residents should enter on

ber of months employed by the City of

line 56 the amount reported on your New

NYC Department of Finance

New York.

York State tax return, if any, as City tax

P. O. Box 5090

(Form IT-201, line 49, or Form IT-203, line

Kingston, NY 12402-5090

LINE 48 - NEW YORK

49.) Part-year employees should enter on

DEPENDENT EXEMPTION

line 56 that portion of the City tax reported

SIGNATURE

To determine the dependent exemption

on the New York State return attributable

You must sign and date your return at the

to the period covered by this return.

bottom of page 2. If you file jointly on

for Section 1127 purposes, take the num-

ber of New York State dependent exemp-

Form NYC-1127, the form must be signed

tions from your New York State return,

by both spouses. Your return and/or

multiply this figure by $1,000 (the depen-

LINE 57 - NEW YORK CITY SCHOOL

refund cannot be processed if it is not

dent exemption amount), and enter on line

TAX CREDIT

signed.

48.

A School Tax Credit is allowed for 2001 as

follows:

TAXPAYER ASSISTANCE

If you file a joint New York State tax return

Married filing joint............$125.00

If you have a tax-related question or prob-

with your spouse whose income has not

All others..............................$62.50

lem, contact Taxpayer Assistance, Mon-

been included in Form NYC-1127, apply

day through Friday, between the hours of

the limitation percentage from line 46a

LINE 58 - PAYMENTS

9:00 am and 4:30 pm. Call: (718) 935-

and enter the result on line 48. You may

Enter on line 58 the amount withheld by

6000.

use the formula on line 48, Form NYC-

the City from your wages during 2001 for

1127.

the amount due under Charter Section

FORMS BY FAX

1127 as shown on your City Wage and

You can have New York City business and

Partial-Year employees must prorate the

Withholding Tax Statements for 2001.

excise tax forms and other documents and

dependent exemption amount according

(Attach a copy of Form NYC-1127.2.)

applications delivered to you immediately

to the number of months employed by the

by fax. Call TAX FAX at (718) 935-

City of New York.

LINE 60 - BALANCE DUE

6114 from the telephone connected to

After completing this return, enter the

your fax machine or fax modem.

LINE 50 - LIABILITY AMOUNT

amount of your remittance on line A, page

Employees who are married and include

1. This must be the full amount as shown

FORMS BY INTERNET

on line 60. Remittances must be made

spouse’s income in Form NYC-1127, use

You can also have forms and instructions

payable to the order of:

Liability Schedule A on page 4 to compute

delivered to you immediately by computer.

the liability amount.

Visit our Internet web site at :

NYC DEPARTMENT OF FINANCE

Married employees who choose not to

include their spouse’s income on Form

LINE 61 - OVERPAYMENT

NYC-1127, use Liability Schedule C to

If your return shows an overpayment, a

compute the liability amount.

refund of any excess will be made.

PRIVACY ACT NOTIFICATION

The Federal Privacy Act of 1974, as amended, requires

agencies requesting Social Security Numbers to inform

LINE 52 - UBT PAID CREDIT

Refunds cannot be processed unless a

individuals from whom they seek this information as to

If you were a partner in a partnership

complete copy of your New York State

whether compliance with the request is voluntary or

doing business in the City, you may be

return, including all schedules, and wage

mandatory, why the request is being made and how the

information will be used. The disclosure of Social Securi-

and tax statement (Form 1127.2) are

entitled to a credit for a portion of the City

ty Numbers for taxpayers is mandatory and is required

Unincorporated Business Tax paid by that

attached to your form.

by section 11-102.1 of the Administrative Code of the

partnership. See Form IT-219 and the

City of New York. Such numbers disclosed on any report

or return are requested for tax administration purposes

instructions to that form. Enter the

MAILING INSTRUCTIONS

and will be used to facilitate the processing of tax

In order for your form to be processed,

amount of credit to which you would be

returns and to establish and maintain a uniform system

entitled as a City resident from Form IT-

you must attach the following to Form

for identifying taxpayers who are or may be subject to

taxes administered and collected by the Department of

219.

NYC-1127:

Finance, and, as may be required by law, or when the

Complete copy of New York State

taxpayer gives written authorization to the Department

LINE 54 - LIABILITY FOR OTHER

Income Tax Return, including all

of Finance for another department, person, agency or

entity to have access (limited or otherwise) to the infor-

NYC TAXES

schedules

mation contained in his or her return.

Enter on line 54 your liability for other

Wage and withholding statement

New York City taxes from New York State

(Form 1127.2)

Form IT-201-ATT, line 40, or IT-203-B, line

Copy of federal Schedule A, if itemiz-

26. Subtract the part-year New York City

ing deductions

resident tax, if any, from Form IT-203-B,

Agency verification, if claiming line of

line 24, or form IT-201-ATT, line 36, for the

duty injury deduction

period covered by this return from the

Full amount of balance due, if any, on

amount on Form IT-201-ATT, line 40, or

line 60. Make remittance payable to:

IT-203-B, line 26, and enter the balance on

NYC DEPARTMENT OF FINANCE

line 54.

NYC-1127 Instructions - 2001

Printed on recycled paper

Instructions For Form Nyc-1127 For Nonresident Employees Of The City Of New York Hired On Or After January 4, 1973 - 2001 Page 3

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