Income Tax Deadline 2020 New York

New york s maximum marginal income tax rate is the 1st highest in the united states ranking directly below new york s.
Income tax deadline 2020 new york. In total 41 states tax income either at a flat rate meaning everyone regardless of. That s the deadline for filing your 2019 income tax return. Like the federal income tax new york s income tax allows couples filing jointly to pay a lower overall rate on their combined income with wider tax brackets for joint filers. In a year when normal tax filing deadlines were postponed because of the pandemic there is one more important date to note.
Filing due dates for your 2019 personal income tax return. Notice 2020 18 did not address second quarter 2020 estimated income tax payments. Note that special filing deadlines apply in certain instances. To provide relief from certain tax filing and payment deadlines.
New york state personal income tax and corporation tax returns and related tax payments originally due on april 15 2020 have been extended to july 15 2020. Personal income tax and corporation tax returns for tax year 2019 due on april 15 2020 and related payments of tax or installments of tax including installments of estimated taxes for the 2020 tax year will not be subject to any failure to file failure to pay late payment or underpayment penalties or interest if filed and paid by july 15 2020. The due date for submission of return of income for the assessment year 2020 21 has been further extended from november 30 2020 to january 31 2021 vide press release dated 24 10 2020. Enrollment for tax year 2021 will begin on october 1 2020.
Request for extension of time to file april 15 2020. On april 1 new jersey was the final state to postpone its due date announcing a new july 15 deadline. New york state income tax return filing deadline moved to july 15. The due date for these payments remains june 15 2020.
Statement in form no. Accordingly the commissioner has extended the april 15 2020 due date to july 15 2020 for new york state personal income tax. 1 and corporation tax returns originally due on april 15 2020. The employer compensation expense program ecep established an optional employer compensation expense tax ecet that employers can elect to pay if they have employees that earn over 40 000 annually in wages and compensation in new york state.
New york collects a state income tax at a maximum marginal tax rate of spread across tax brackets. New york state taxes are due on april 15th of every year.