Family tax relief credit The family tax relief credit is a $350 payment to certain middle-income New Yorkers. In the Fall of 2014, the Tax Department will automatically mail checks to eligible taxpayers. If you are eligible for the credit, you do not have to apply. If you think you are eligible, but do not receive a check, you will be able to have your case reviewed. Eligibility requirements You are entitled to this credit for 2014 if, on your 2012 return, you: were a resident of New York State for the entire year, claimed at least one child under age 17 as a dependent, had New York State adjusted gross income (line 33 of your Form IT-201) between $40,000 and $300,000, and had a New York State liability after credits that is zero or greater. Our interactive wizard will easily walk you through the eligibility requirements. We recommend you have your 2012 return on hand when using the wizard. If you e-filed your 2012 return, you can view and print a copy online. Do I qualify? How to claim the credit If you filed a 2012 return and meet the four eligibility requirements above, you do not need to do anything to receive your 2014 credit. The Tax Department will be mailing checks to eligible taxpayers in late September 2014. In 2015 and 2016, taxpayers will claim the credit when they file their income tax returns. Eligibility for those years will be based on the return you file. If you do not receive a check If you do not receive a check, please review your 2012 return to make sure you meet the eligibility requirements listed above. Allow until mid-October for the check to reach you. If you still feel you are eligible, you will be able to apply to have your return reviewed for eligibility. Our online application for having your eligibility reviewed will be ready in early October 2014. This is the quickest and easiest way to apply.
Posted on: Wed, 17 Sep 2014 15:19:31 +0000
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