New York Credit for New York City Unincorporated Business Tax

Credit for New York City Unincorporated Business Tax
Form IT-219 Credit for New York City Unincorporated Business Tax Tax Year 2023
IT-219

Department of Taxation and Finance

Credit for New York City
Unincorporated Business Tax

Administrative Code of the City of New York, Section 11-1706(c)

Submit Form IT-219 with your return, Form IT-201, Form IT-203, or Form IT-205.
Name(s) as shown on return	

Part 1 – Partner (see instructions)

	 Name of partnership (as shown on Form NYC-204)	

Taxpayer identification number (SSN or EIN)

Partnership year end (from Form NYC-204)	

Partnership EIN

	1	 Enter the amount from Form NYC-204, line 23 ................... 	 1	
.00
	2	 Enter the amount from Form NYC-204, line 20 ................... 	 2	
.00
	3	 Add lines 1 and 2 ...........................................................................................................................	 3	
	4	 Enter your percentage of total distributive shares from Form NYC-204, Schedule C, column I.
		  Enter amount as a decimal and round to the fourth decimal place (for example, 17.5% = .1750) .....	 4
	5	 Multiply line 3 by line 4 (if more than one business or are a part-year resident, see instructions) ..............	 5	

.00
.00

Part 2 – Individual
	 6	 Resident individual: Enter the amount from Form NYC-202, line 21, or Form NYC-202S, line 8
		Part-year resident individual: Enter the amount from Worksheet A, line 5 (on back; see instructions) .....	

6	

.00

7	

.00

Part 3 – Beneficiary’s share of unincorporated business taxes (see instructions)
	 7	 Beneficiary – Enter your share of New York City unincorporated business taxes imposed
		  on the estate or trust (see instructions)
	Name of estate or trust	
Employer identification number (EIN)
			

Part 4 – Computation of credit
	8	 Fiduciaries: Enter the amount from Schedule A, Fiduciary line, column D (on back; see instr.)
		All others: Add lines 5, 6, and 7 (partners, see instructions) ............................................................	 8	
	9	 Enter your taxable income from:
		Full-year NYC resident individuals – Form IT-201, line 47
		Part-year NYC resident individuals – Form IT-360.1, line 47
		Full-year NYC resident estates or trusts – Form IT-205, line 5
		Part-year NYC resident trusts – Form IT-205-A, line 10, col. (b) .	 9		
.00
	10	 If line 9 above is:
		 – $42,000 or less, enter 1.000 (100%)
		 – more than $42,000, but less than $142,000, complete Worksheet B (on back)
		 – $142,000 or more, enter .230 (23%)...........................................................................................	 10
	11	 Multiply line 8 by line 10. New York City resident individuals – Continue on line 12 below.
		  NYC part-year resident individuals: Stop; enter line 11 amount on Form IT-360.1, line 54.
		  Estates and trusts: Stop; enter line 11 amount on Form IT-205, line 22 .................................	11	
New York City full‑year resident individuals
	12	 NYC resident tax less NYC household credit (see instructions) .......................................................	 12	
	13	 Amount from Form IT-201-ATT, line 32 .........................................................................................	 13	
	14	 Amount from Form IT-201-ATT, line 33 .........................................................................................	 14	
	15	 Add lines 12, 13, and 14 ................................................................................................................	 15	
	16	 Enter the lesser of line 11 or 15, and transfer the amount to Form IT-201-ATT, line 8 .................	16	

219001230094

.00

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

IT-219 (2023) (back)
Worksheet A

.00

	1	 Enter the amount from Form NYC-202, line 21, Form NYC-202EIN, line 21, or Form NYC-202S, line 8 ............	 1		
	2	 Individuals: Enter the amount from Form IT-360.1, line 6, column B
		Trusts: Enter the amount from Form IT-205-A, Schedule 4, line 16, column C
.00	
		  (see instructions) ....................................................................................................................	 2	
	 3	Individuals: Enter the amount from Form IT-360.1, line 6, column A
		Trusts: Enter the amount from Form IT-205-A, Schedule 4, line 16, column A
.00	
		  (see instructions) ....................................................................................................................	 3	
	4	 Divide line 2 by line 3 and round the result to the fourth decimal place................................................................	 4
	5	 Multiply line 1 by line 4. This is the part-year resident tax imposed on the unincorporated business.
		Estates and trusts: Include this amount (below) in Schedule A, Totals line, column D.
		All others: Transfer this amount to line 6 on the front page ................................................................................	 5	

.00

Worksheet B
	1	 Base percentage 100%.........................................................................................................................................	 1	
.00	
	2	 Enter your taxable income from the front page, line 9.............................................................	 2	
$42,000.00
	 3	 Base amount...........................................................................................................................	 3	
.00
	 4	 Subtract line 3 from line 2........................................................................................................	 4	
	5	 Divide line 4 by $100,000 and round to the third decimal place .............................................	 5	
	6	 Multiply line 5 by .770............................................................................................................................................	 6
	7	 Subtract line 6 from line 1. Transfer this decimal amount to the front page, line 10 .............................................	 7

1.000

Schedule A (for estates and trusts only)
Fiduciary’s and beneficiary’s share of New York City unincorporated business tax
	A	
B	
C	
	
Name and address of	
Beneficiary’s identifying 	
Allocation percentage	
	
beneficiary	
number		
				

Totals

100%

D
Beneficiary’s eligible
unincorporated business
taxes

	.00

	

.00

	.00

	
Fiduciary

219002230094

.00

	.00