New York Claim for College Tuition Credit or Itemized Deduction

Claim for College Tuition Credit or Itemized Deduction
Form IT-272 Claim for College Tuition Credit or Itemized Deduction Tax Year 2023
IT-272

Department of Taxation and Finance

Claim for College Tuition
Credit or Itemized Deduction

Full-year New York State residents only
Tax Law – Section 606(t)
Submit your completed Form IT-272 with Form IT-201.
Your name as shown on return (first name first)	

Your Social Security number

Spouse’s name (first name first) 	

Spouse’s Social Security number

Note: If you are married and filing separate New York State returns, you must also enter your spouse’s name and Social Security number.
1	 Are you claimed as a dependent on another taxpayer’s New York State tax return for this tax year?............. 	 1	
Yes	
No
	 •	If Yes, stop; you do not qualify for the college tuition credit or the college tuition itemized deduction.
	 •	If No, continue with question 2.
2	 Were you (and your spouse if filing a joint return) a New York State resident for all of this tax year?........ 	 2	
	 •	If Yes, continue with Part 1 below.
	 •	If No, stop; you do not qualify for the college tuition credit. However, you may qualify for the
		  college tuition itemized deduction. For more information, see the instructions for Form IT-203.

Yes	

No

Part 1 –	 In the spaces provided below, complete A through I for up to three eligible students for whom you paid 				
qualified college tuition expenses. (If you are claiming expenses for more than three eligible students, see instructions.)

Eligible A	
student
1

First name

MI

Last name

Suffix

B  Social Security number C Date of birth (mmddyyyy)

D	 Is the student claimed as a dependent on your NYS return? (see instructions) ....................... 	Yes	
E		EIN of college or university (see instructions)

F

G	 Were expenses for undergraduate tuition? (see instructions)................................................. 	Yes	
H	 Amount of qualified college tuition 			
I	 Enter the lesser
.00		 of line H or 10,000 .....	
	expenses (see instructions) ...............	
Eligible A	
student
2

First name

MI

Last name

Suffix

F

No

.00

B  Social Security number C Date of birth mmddyyyy)

D	 Is the student claimed as a dependent on your NYS return? (see instructions) ....................... 	Yes	
E		EIN of college or university (see instructions)

No

Name of college or university (see instructions)

No

Name of college or university (see instructions)

G	 Were expenses for undergraduate tuition? (see instructions)................................................. 	Yes	

No

H	 Amount of qualified college tuition 			
I	 Enter the lesser
.00		 of line H or 10,000 .....	
	expenses (see instructions) ...............	
Eligible A	
student
3

First name

MI

Last name

Suffix

B  Social Security number C Date of birth (mmddyyyy)

D	 Is the student claimed as a dependent on your NYS return? (see instructions) ....................... 	Yes	
E		EIN of college or university (see instructions)

F

.00

No

Name of college or university (see instructions)

G	 Were expenses for undergraduate tuition? (see instructions)................................................. 	Yes	
H	 Amount of qualified college tuition 			
I	 Enter the lesser
.00		 of line H or 10,000 .....	
	expenses (see instructions) ...............	

No

3	Total qualified college tuition expenses (total the line I amounts for all eligible students, including amounts from
	  additional forms, then complete Part 2 or Part 3) ............................................................................................... 	 3	

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.00
.00

IT-272 (2023) (back)

Part 2 – Complete Part 2 if your total qualified college tuition expenses on line 3 are less than $5,000.
4	 Credit limitation ($200).................................................................................................................................. 	 4	

200	.00

5	 Enter the lesser of line 3 or line 4. This is your college tuition credit ......................................................... 	 5	

.00

	 •	 If you did not itemize your deductions on your New York return, enter the line 5 amount
		  on Form IT-201, line 68.
	 •	 If you itemized your deductions on your New York return, continue with Part 4.

Part 3 – Complete Part 3 if your total qualified college tuition expenses on line 3 are $5,000 or more.
6	 Enter the amount from line 3......................................................................................................................... 	6	

.00

7	 Multiply line 6 by 4% (0.04). This is your college tuition credit.................................................................. 	 7	

.00

	 •	 If you did not itemize your deductions on your New York return, enter the line 7 amount
		  on Form IT-201, line 68.
	 •	 If you itemized your deductions on your New York return, continue with Part 4.

Part 4 – College tuition itemized deduction election
If you itemized your deductions on your New York return, you may elect to claim the college tuition
itemized deduction instead of the college tuition credit. To compute your college tuition itemized
deduction, complete Worksheet 1 in the instructions for this form. To determine if you will receive a greater
tax benefit from the itemized deduction or credit, complete Worksheet 2 in the instructions for this form.
8	 Mark an X in this box only if you elect to claim the college tuition itemized deduction.......................................................... 	8
•	 If you marked an X in the box at line 8, enter the amount from Worksheet 1, line 5 (in the instructions for this
form), on Form IT-196, New York Resident, Nonresident, and Part-Year Resident Itemized Deductions. Do
not enter the college tuition credit from line 5 or 7 above on Form IT-201. You are entitled to claim either the
deduction or the credit, but not both.
•	 If you did not mark an X in the box at line 8 and you elect to claim the college tuition credit instead of the
college tuition itemized deduction, enter the line 5 or line 7 amount on Form IT-201, line 68.
Important: If you are claiming the college tuition credit or the college tuition itemized deduction, you must submit Form IT-272 with
your return.

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