As always, you can speak with a Customer Service Representative about the Plan and your account(s) on the phone by calling at (212) 306-7760.
The New York City Deferred Compensation Plan (DCP) allows eligible New York City employees a way to save for retirement through convenient payroll deductions. This plan is administered by The Office of Labor Relations (OLR).
Please know that your assets that started and grew in your regular Plan account or were rolled over from another 457 deferred compensation plan are not eligible for a withdrawal until you leave public service, become age 59 1/2, or are needed for an unforeseeable emergency withdrawal.
All inquiries related to EFT payment effective date, claim/benefit explanations, change of address and discontinuation of payments should be directed to the Law Department at workerscompensation@law.nyc or by phone at (718)724-5500.
Any part of any day spent physically in New York, including days in transit, counts as a day of presence in New York. N.Y.C.R.R. 105.20(c). Because residency is determined in part by day count (183-day rule), generally a part-year resident is a person whose domicile changes to or from New York State during a tax year.
In case of failure to file a tax return under this article on or before the prescribed date (determined with regard to any extension of time for filing), unless it is shown that such failure is due to reasonable cause and not due to willful neglect, there shall be added to the amount required to be shown as tax on such ...
To report estimated personal income taxes, complete and attach Form IT-2658-NYS, Attachment to Form IT-2658, Report of Estimated Personal Income Tax for Nonresident Individuals.
See, also, § 658, post.> (a) General. The tax commission may prescribe regulations as to the keeping of records, the content and form of returns and statements, and the filing of copies of federal income tax returns and determinations.
If your pension IS taxable in NY, but were 59½ before January 1, 2024, you may qualify for a pension/annuity exclusion of up to $20,000. If you became 59½ during 2024, you can only exclude up to $20,000 of the pension income you received after turning 59½.
New York source gross income is the sum of the partners' or members' shares of federal gross income from the partnership or limited liability company derived from or connected with New York sources, determined in ance with the provisions of section six hundred thirty-one of this article as if those provisions and ...