New York New York State Resident Credit for Taxes Paid to a Province of Canada

New York State Resident Credit for Taxes Paid to a Province of Canada
Form IT-112-C New York State Resident Credit for Taxes Paid to a Province of Canada Tax Year 2023Department of Taxation and Finance	

New York State Resident Credit for
Taxes Paid to a Province of Canada

IT-112-C

Tax Law – Section 620
Complete this form if you want to claim a resident credit or if you have an addback for taxes paid to a province of Canada.
Name(s) as shown on return		

Identifying number as shown on return

Submit this form and a copy of federal Form 1116 with Form IT‑201, IT‑203, or IT‑205. Failure to do so will delay any refund
to which you may be entitled or, if you owe taxes, could result in late-filing penalties. If you are not required to file federal
Form 1116, see instructions.
A
Amount reported on
New York State return

Part 1 – Income and adjustments (see instructions)
	

Report all amounts in U.S. dollars.
	

	1	Wages, salaries, tips, etc.................................................	 1	
	2	Taxable interest income...................................................	 2	
	3	Ordinary dividends...........................................................	3	
	4	Taxable refunds, credits, or offsets of state and local
		  income taxes.................................................................	  4	
	5	Alimony received..............................................................	  5	
	6	Business income or loss..................................................	  6	
	7	Capital gain or loss..........................................................	  7	
	8	Other gains or losses.......................................................	  8	
	9	 Taxable amount of IRA distributions.................................	  9	
	10	 Taxable amount of pensions and annuities......................	 10	
	11	Rental real estate, royalties, partnerships,
		  S corporations, trusts, etc..............................................	 11	
	12	 Farm income or loss.........................................................	 12	
	13	 Unemployment compensation.........................................	 13	
	14	 Taxable amount of Social Security benefits.....................	 14	
	15	 Other income...................................................................	 15	
	16	 Add lines 1 through 15.....................................................	 16	
	17	 Total federal adjustments to income................................	 17	
	18	 Federal adjusted gross income
		  (subtract line 17 from line 16).............................................	 18	
	19	 New York State adjustments (see instructions)...................	 19	
	20	 New York State adjusted gross income (see instructions)..	 20	
	21	 Capital gain portion of lump-sum distributions (see instr.)... 	 21	
	22	 Add lines 20 and 21.........................................................	 22	

B
Amount sourced to and taxed
by the Canadian province

Whole dollars only	

Whole dollars only

.00	1	
.00	2	
.00	3	

.00
.00
.00

.00	4	
.00	5	
.00	6	
.00	7	
.00	8	
.00	9	
.00	10	

.00
.00
.00
.00
.00
.00
.00

.00	11	
.00	12	
.00	13	
.00	14	
.00	15	
.00	16	
.00	17	

.00
.00
.00
.00
.00
.00
.00

.00	18	
.00	19
.00	20	
.00	21	
.00	22	

.00
.00
.00
.00
(continued)

141001230094

Page 2 of 3  IT-112-C (2023)

Report all amounts in U.S. dollars.

Part 2 – Computing your resident credit or addback for taxes paid to a province of Canada
If any portion of the Canadian provincial income tax that entitled you to a New York State credit is claimed as a foreign tax credit on your federal
return in a succeeding tax year, the amount claimed must be added back to your New York State tax liability for that succeeding tax year.
	23	 Enter the two-letter abbreviation of the Canadian province where tax was paid (see instr.) .........	
	24	 Enter the amount from federal Form 1116, line 9, pertaining to this year’s income taxes
		  imposed by the above Canadian province (see instructions).......................................................	
	25	 Enter the amount from federal Form 1116, line 12,
		  pertaining to the reduction in foreign taxes paid to
		  the above Canadian province........................................	 25	
.00
	26	 Enter the amount from line 24 that was carried back and
		  claimed as a credit for federal purposes........................	 26	
.00
	27	 Add lines 25 and 26......................................................................................................................	
	28	 Subtract line 27 from line 24.........................................................................................................	
	29	 Enter the amount from federal Form 1116, line 10, pertaining to carryover of taxes paid for
		  prior years to the above Canadian province (submit a copy of federal Form(s) 1116) ....................	
	30	 Add lines 28 and 29......................................................................................................................	
	31	 Enter the amount from federal Form 1116, line 22, pertaining to this year’s foreign tax credit
		  for taxes paid to the above Canadian province.........................................................................	
	32	 Subtract line 31 from line 30.........................................................................................................	
	33	 New York State tax payable (see instructions) ................................................................................	

23
24	

.00

27		
28	

.00
.00

29	
30	

.00
.00

31	
32	
33	

.00
.00
.00

	34	 Divide line 22, column B, by line 22, column A (round to the fourth decimal place; see instructions).......	 34	
	35	 Multiply line 33 by line 34..............................................................................................................	
	36	 Tentative credit (enter the lesser of line 28, 32, or 35).........................................................................	
	37	 Enter the amount from line 29...........................................	 37	
.00
	38	 Enter the amount from line 31...........................................	 38	
.00
	39	 Subtract line 38 from line 37 (if line 38 is more than line 37, leave blank) ...........................................	
	40	 Add lines 36 and 39......................................................................................................................	
	41	 Enter the prior-year(s) resident credit claimed on Form(s) IT-112-R or IT-112-C for taxes paid
		  to Canadian province(s) (see instructions) ..................................................................................	
	42	 If line 41 is more than line 40, subtract line 40 from line 41. This is your addback of
		  resident credit (see instructions; do not make any entries on lines 43 through 50) .............................	
	43	 If line 41 is less than (or equal to) line 40, subtract line 41 from line 40 ..........................................	
	44	 Enter the amount from line 36 or line 43, whichever is less (see instructions) ................................	
	45	 Total line 44 amounts from additional Form(s) IT-112-C and line 28 amounts
		  from Form(s) IT-112-R, if any (see instructions) ..........................................................................	
	46	 Add lines 44 and 45 .....................................................................................................................	

35	
36	

.00
.00

39	
40	

.00
.00

41	

.00

42	
43	
44	

.00
.00
.00

45	
46	

.00
.00

47	
48	
49	
50	

.00
.00
.00
.00

Part 3 – Application of credit
	47	
	48	
	49	
	50	

Tax due before credits (see instructions) .........................................................................................	
Other credits that you applied before this credit (see instructions) .................................................	
Subtract line 48 from line 47 ........................................................................................................	
Enter the amount from line 46 or line 49, whichever is less (see instructions) ................................	

141002230094

IT-112-C (2023)  Page 3 of 3

Part 4 – Information from your Canadian federal and any provincial returns
You are not required to submit a copy of the return you filed with a province of Canada with Form IT-201, IT-203, or IT-205. Submitting
a copy of the provincial return is optional. You are still required to submit a copy of federal Form 1116 (if filed). However, you may be
required to furnish a copy of your Canadian provincial return at a later date. Whether or not you submit a copy of the provincial return
with Form IT-201, IT-203, or IT-205, you must complete this section.
	51	 Enter the amount of your provincial tax.........................................................................................	 51	
Note: For lines 52 through 55, provinces other than Quebec
should use the Canada column.
	52	 Enter your total tax payable (see instructions).....................	
	53	 Enter the amount of your prepayments (see instructions).....	
	54	 Enter the amount of overpayment, if any, shown on the
		  return you filed with Canada or Quebec........................	
	55	 Enter the balance due, if any, shown on the return
		  you filed with Canada or Quebec (see instructions).........	

141003230094

	

.00

Canada	Quebec

52	
53	

.00	52	
.00	53	

.00
.00

54	

.00	54	

.00

55	

.00	55	

.00

Extracted from PDF file 2023-new-york-form-it-112-c.pdf, last modified October 2006

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More about the New York Form IT-112-C Individual Income Tax Tax Credit TY 2023

Submit this form and a copy of federal Form 1116 with Form IT-201, IT-203, or IT-205. Failure to do so will delay any refund to which you may be entitled or, if you owe taxes, could result in late-filing penalties. If you are not required to file federal Form 1116, see instructions. Form IT-112-C requires you to list multiple forms of income, such as wages, interest, or alimony .

We last updated the New York State Resident Credit for Taxes Paid to a Province of Canada in January 2024, so this is the latest version of Form IT-112-C, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-112-C directly from TaxFormFinder. You can print other New York tax forms here.

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Related New York Individual Income Tax Forms:

TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New York Form IT-112-C.

Form Code	Form Name
Form IT-112-R	New York State Resident Credit Tax Credit
Form IT-112.1	New York State Resident Credit Against Separate Tax on Lump-Sum Distributions Tax Credit

Download all NY tax forms View all 272 New York Income Tax Forms

Form Sources:

New York usually releases forms for the current tax year between January and April. We last updated New York Form IT-112-C from the Department of Taxation and Finance in January 2024.

Show Sources >

Form IT-112-C is a New York Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of New York Form IT-112-C

We have a total of twelve past-year versions of Form IT-112-C in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form IT-112-C

Form IT-112-C New York State Resident Credit for Taxes Paid to a Province of Canada Tax Year 2023

2022 Form IT-112-C

Form IT-112-C New York State Resident Credit for Taxes Paid to a Province of Canada Tax Year 2022

2021 Form IT-112-C

Form IT-205-C New York State Resident Trust Nontaxable Certification Tax Year 2021

2020 Form IT-112-C

Form IT-205-C New York State Resident Trust Nontaxable Certification Tax Year 2020

2019 Form IT-112-C

Form IT-112-C:2019:New York State Resident Credit for Taxes Paid to a Province of Canada:it112c

2018 Form IT-112-C

Form IT-112-C:2018:New York State Resident Credit for Taxes Paid to a Province of Canada:it112c

2017 Form IT-112-C

Form IT-112-C:2017:New York State Resident Credit for Taxes Paid to a Province of Canada:it112c

2016 Form IT-112-C

Form IT-112-C:2016:New York State Resident Credit for Taxes Paid to a Province of Canada:IT112C

2015 Form IT-112-C

Form IT-112-C:2015:New York State Resident Credit for Taxes Paid to a Province of Canada:IT112C

2014 Form IT-112-C

Form IT-112-C:2014:New York State Resident Credit for Taxes Paid to a Province of Canada:IT112C

2013 Form IT-112-C

Form IT-112-C:2013:New York State Resident Credit for Taxes Paid to a Province of Canada:IT112C

2012 Form IT-112-C

Form IT-112-C:2012:New York State Resident Credit for Taxes Paid to a Province of Canada:IT112C

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