NYC Board of Education employees are not subject to Form 1127 (Sec. 1127)
Posted by TJ on Monday April 13, 2009 @ 03:51 PM
[Tags: accounting, taxes, guide]
NYC Board of Education employees are not subject to Form 1127 (Sec. 1127)
I was looking this up for a client and confirmed on phone with NYC department of finance and on their website.
If you were a nonresident of the New York City while working for certain city agencies you are subject to
1127 of the New York City Charter
and must file Form NYC-1127
If you are subject to that law, you are required to pay to the City an amount by which a City personal income tax on residents, computed and determined as
if you were a resident of the City, exceeds the amount of any City tax liability computed and reported by you on the City portion of your New York State tax return.
source: http://www.nyc.gov/html/opa/html/faqs/tax_related_2.shtml
[Tags: accounting, taxes, guide]
I was looking this up for a client and confirmed on phone with NYC department of finance and on their website.
If you were a nonresident of the New York City while working for certain city agencies you are subject to
1127 of the New York City Charter
and must file Form NYC-1127
If you are subject to that law, you are required to pay to the City an amount by which a City personal income tax on residents, computed and determined as
if you were a resident of the City, exceeds the amount of any City tax liability computed and reported by you on the City portion of your New York State tax return.
- Exemptions:
- Department of Education
- City University of New York
- District Attorneys Offices
- New York City Housing Authority.
Section 1127 of the New York City Charter does not apply to:
source: http://www.nyc.gov/html/opa/html/faqs/tax_related_2.shtml
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Reader Comments (Page 1 of 1)
TJ
Friday March 19, 2010 @ 10:21 AM
Friday March 19, 2010 @ 10:21 AM
This has been in place since 1973. Read the link for more information. Did your Form W-2 show Form 1127 withholdings? If so, then you need to file the form.
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Thursday March 18, 2010 @ 08:11 PM
Does nyc transit emplouees have to fill out the 1127 form. i never have before, is this new.