Get Ny It-360.1-i 2015-2025

Filing the NY IT-360.1-I form is essential for individuals who experienced a change in their residency status in New York City or Yonkers during the tax year. This guide provides clear and supportive instructions on how to complete this form online, ensuring you navigate each section with confidence.

Follow the steps to effectively complete the NY IT-360.1-I form.

1. Click the ‘Get Form’ button to access the form and open it in your preferred document management program.
2. Enter your name and social security number in the designated fields. Ensure this information matches your tax return forms, IT-201 or IT-203, for accuracy.
3. Identify the reason for your change of resident status by checking the appropriate box (A, B, or C). Complete the corresponding parts of the form based on this selection.
4. In Part 1, detail your New York adjusted gross income. Fill in Columns A, B, and C as instructed, ensuring the amounts reflect the periods you were a New York City resident and a Yonkers resident.
5. For Part 2, if you are itemizing deductions, enter the relevant figures from your IT-201 or IT-203 forms. Adjust these details based on your residency duration.
6. Complete Part 3 by calculating any dependent exemptions. Record the number of months you were a New York City resident and determine the prorated value of your exemptions as needed.
7. Calculate your part-year New York City resident tax in Part 4 using the provided formulas and tax rates based on your income and filing status.
8. For Part 5, if applicable, compute the part-year Yonkers resident income tax surcharge using the appropriate lines and include any necessary information relating to prior earnings.
9. Review all entries for accuracy and completeness. Once satisfied with the completed form, you can save changes, download, print, or share your form as needed.

Complete your NY IT-360.1-I form online today to ensure timely and accurate tax filing!