Form Y-206 - Yonkers Nonresident Fiduciary Earnings Tax Return

New York State Department of Taxation and Finance

Y-206

Yonkers Nonresident

Fiduciary Earnings Tax Return

1 3

For the full year January 1, 2013, through December 31, 2013, or fiscal year beginning

and ending

Submit this return with Form IT-205.

Employer identification number (EIN)

Name of estate or trust

(as shown on federal Form SS-4)

Name and title of fiduciary

Mark an X in this box if the income reported on this return represents an allocated portion of income from services performed, or from sources, in

and out of Yonkers. Submit a detailed statement of the allocation

(see instructions below).

Calculation of earnings tax

(see instructions)

1 Net earnings from self-employment

...

(submit detailed statement; if a loss, write loss on line 1; see instructions)

2 Amount of line 1 paid or permanently set aside for charitable purposes

.........................

(submit schedule)

3 Subtract line 2 from line 1...........................................................................................................................

4 Amount of line 1 distributed or distributable to Yonkers residents

...................................

(submit schedule)

5 Subtract line 4 from line 3...........................................................................................................................

6 Gross wages and other employee compensation

.....................

(submit employee’s wage and tax statement)

7 Add lines 5 and 6........................................................................................................................................

8 Allowable exclusion

.................................................................

(see instructions; use Exclusion table on back)

9 Taxable amount of wages and net earnings from self-employment

....................

(subtract line 8 from line 7)

10 Total nonresident earnings tax

.............. 10

(multiply line 9 by 0.5% (.005); enter here and on Form IT-205, line 27)

Instructions

General information

Item A

If wages or net earnings from self-employment were earned partially

Refer to the instructions for New York State Form IT-205, Fiduciary

in Yonkers, you must determine the amounts to be allocated to

Income Tax Return, before completing this return. See the Need

Yonkers as follows:

help? in the instructions for Form IT-205 for information on how to

obtain tax forms.

–

Allocation of wages

If wage or salary income does not depend

directly on the volume of business transacted, divide the number

Claim of right credit – Form IT-257

of days worked in Yonkers by the total number of days (excluding

If the estate or trust was eligible for a claim of right credit on

nonwork days, such as Saturdays, Sundays, holidays, sick leave,

its federal return, the estate or trust may also be eligible for a

vacation, etc.) worked both in and out of Yonkers during the

refundable credit against its Yonkers nonresident earnings tax on its

year. Multiply the total wage or salary income for the year by this

New York State return. To claim this credit, complete Form IT-257,

percentage. This is the amount of wages allocated to Yonkers.

Claim of Right Credit, and submit it with Form IT-205.

Work days are days on which the individual who earned wages was

required to perform the usual duties of employment. This does not

Who must file

ordinarily include activities carried on at home. Submit a schedule

with the return showing how you figured this allocation (be sure to

The fiduciary of a nonresident estate or trust must file this return

include your name and taxpayer identification number).

if the estate or trust has income from wages or net earnings from

self-employment in Yonkers. This form must be submitted with

If the income subject to the allocation depends entirely on the

Form IT-205. See Who must file in the instructions for Form IT-205

volume of business transacted, as in the case of a salesperson

for more information.

working on commission, do not allocate the wages based on the

number of days worked in Yonkers. Instead, divide the volume of

Specific instructions

business transacted in Yonkers by the total volume of business

transacted both in and out of Yonkers by that person. Multiply the

See the instructions for your tax return for the Privacy notification or

total income subject to allocation by this percentage. This is the

if you need help contacting the Tax Department.

amount of income allocated to Yonkers. The location where the

Print or type the name of the estate or trust as shown on federal

services or sales activities were actually performed determines

Form SS-4 and the name and title of the fiduciary in the spaces

where business is transacted. Submit a schedule with the return

showing how you figured this allocation.

provided. Enter the federal EIN of the estate or trust.

If the income earned from personal services was allocated differently

from that covered in the preceding paragraphs, submit a schedule

showing complete details.

206001130094

Form Y-206 - Yonkers Nonresident Fiduciary Earnings Tax Return - 2013

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