Home
Forms Library
Form IT-112 1 New York State Resident Credit Against

Form IT-112 1 New York State Resident Credit Against 2025

Form IT-112 1 New York State Resident Credit Against Preview on Page 1

Show details

4.8 out of 5

48 votes

The document IT-112.1 outlines the process for New York State residents to claim a credit against the separate tax on lump-sum distributions for income taxes paid to other jurisdictions, including states and Canadian provinces. It provides instructions for calculating the credit based on taxes imposed on ordinary income from lump-sum distributions and details necessary forms and submission requirements.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to edit Form IT-112 1 New York State Resident Credit Against in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting paperwork with our extensive and intuitive PDF editor is straightforward. Adhere to the instructions below to complete Form IT-112 1 New York State Resident Credit Against online easily and quickly:

Sign in to your account. Sign up with your credentials or create a free account to test the service before choosing the subscription.
Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form IT-112 1 New York State Resident Credit Against. Quickly add and underline text, insert pictures, checkmarks, and signs, drop new fillable areas, and rearrange or delete pages from your document.
Get the Form IT-112 1 New York State Resident Credit Against accomplished. Download your modified document, export it to the cloud, print it from the editor, or share it with others through a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to quickly manage your documentation online!

See more Form IT-112 1 New York State Resident Credit Against versions

We've got more versions of the Form IT-112 1 New York State Resident Credit Against form. Select the right Form IT-112 1 New York State Resident Credit Against version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.8 Satisfied (48 Votes)
2022	4.4 Satisfied (48 Votes)
2021	4.8 Satisfied (184 Votes)
2020	4.4 Satisfied (79 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who qualifies for the New York State property tax credit?

The state Legislature enacted the real property tax credit to help senior citizens and lower- income households cope with their property tax burden. If your gross income is $18,000 or less and you pay $450 or less for rent or own your home, you may qualify for a tax credit.

Who must file NYS 1?

NYS-1, Return of Tax Withheld When a calendar quarter ends between payrolls paid within a week, any accumulated tax required to be withheld of at least $700 must be remitted with Form NYS-1 after the last payroll in the quarter.

Who gets the NYS property tax relief check?

The rebate is provided to all homeowners currently enrolled in the STAR program with household incomes less than $250,000.

Who is eligible for the New York State tax rebate?

You can receive the STAR credit if you own your home and its your primary residence and the combined income of the owners and the owners spouses is $500,000 or less.

How do I know if I am getting a NYS Star rebate check?

Simply log into your Tax Department Individual Online Services account and visit the new Homeowner Benefit Portal.

Who is eligible for the recovery rebate?

Generally, if you were a U.S. citizen or U.S. resident alien in 2021, you were not a dependent of another taxpayer, and you either have a valid SSN or claim a dependent who has a valid SSN or ATIN, you are eligible to claim the 2021 Recovery Rebate Credit.

Who qualifies for NYS resident credit?

You are entitled to claim this nonrefundable credit for the tax year if: you were a full-year or part-year resident of New York State, or a New York State-resident estate or trust, or a part-year resident trust; and.

Who will get the tax rebate?

The eligibility requirements to file a claim to the 2021 Recovery Rebate Credit are as follows: You are a legal U.S. resident. Either you or someone you claim as a dependent has a valid Social Security Number or Adoption Taxpayer Identification Number issued by the IRS.

Form IT-112 1 New York State Resident Credit Against 2025

Here's how it works

The easiest way to edit Form IT-112 1 New York State Resident Credit Against in PDF format online