New York Interest Income on US Gov Bonds

Did you include interest income from U.S. government bonds or other U.S. government obligations on lines 2, 6, or 11? If No, go to line 29. If Yes, enter the amount of interest income earned from bonds or other obligations of the U.S. government. Dividends you received from a regulated investment company (mutual fund) that invests in obligations of the U.S. government and meet the 50% asset [...]

New York Contributions

Your contribution(s) will reduce your refund or increase your tax payment. You cannot change the amount(s) you give after you file your return. Return a Gift to Wildlife Your contribution will benefit New York’s fish, wildlife, and marine resources, and you can receive a free issue of Conservationist magazine. Call 1-800-678-6399 for your free sample issue. For more information about New [...]

New York College Tuition Credit

What is the college tuition credit or itemized deduction? The college tuition credit is a tax credit allowed for the qualified college tuition expenses paid for an eligible student. The credit is available to full-year New York State residents only. If the credit exceeds your tax for the tax year, the excess credit will be refunded, without interest. The credit is limited to $400 per eligible [...]

New York College Choice Tuition Savings Deduction

New York’s 529 college savings program deduction/earnings distributions Account owner During 2021, did you, as an account owner, make contributions to or a withdrawal from one or more tuition savings accounts established under New York’s 529 college savings program? If No, go to line 31. If you, as an account owner, made contributions, enter the amount up to $5,000 ($10,000 [...]

Michigan Use Tax

Every state that has a sales tax has a companion tax for purchases made outside that state by catalog, telephone, or Internet. In Michigan, that companion tax is called “use tax,” but might be described as a remote sales tax because it is a 6 percent tax owed on purchases made outside of Michigan. Use tax is due on catalog, telephone, or Internet purchases made from out-of-state [...]