How to File a New York Tax Amendment
When Do I Need to Prepare and File a New York Tax Amendment?
In the state of New York, state tax amendment forms are to be filled out and sent within a period of 3 years since the date of the original tax return filing or within 2 years of the date when the income tax was paid to the state, whichever date is later.
How Do I Fix My Accepted New York Tax Return or File a New York Amended Return?
When a taxpayer has to correct mistakes or omitted information on the original tax return, or when he or she has to report changes done to their federal tax return by the IRS. To file a protective claim or report a NOL carryback the taxpayer has to fill out a tax amendment form for the corresponding tax year.
Follow these instructions on how to prepare and file an amended New York tax return:
- Download and fill out Form IT-201-X (full-year resident) or Form IT-203-X (part-year residents and nonresidents).
- When you're done, print out the return and mail it to one of these addresses: State Processing Center, PO Box 15555, Albany NY 12212-5555 (if payment attached) or State Processing Center, PO Box 61000, Albany NY 12261-0001 (no payment attached).
New York State Tax Amendment Forms (Download, Complete, Print, and Mail)
To file a tax amendment by yourself you must fill out the IT-150-X form for the corresponding tax year, making the appropriate changes to any income, tax credits or deductions. Form IT-150 along with the instructions for form IT-150-X can be used as a guide during the process of filling out the form. When filling out form IT-150-X make sure that the amount of sales tax, use tax, as well as voluntary contributions entered in the amendment form is the same as the amount entered in the original tax return.
The state of New York defines resident as someone who is a domicile of the state of New York, having one's permanent home located in the state, or someone who is not a domicile of the state of New York but has a dwelling in the state for more than 11 months in a year and has spent at least 184 days in the state during the year. A nonresident is defined as someone who was not a resident of the state of New York for any portion of the year. A part-year resident is someone who only meets the definition of resident or nonresident for a portion of the year.
Full-Year Resident Forms
Part-Year and Nonresident Forms
How Do I Check the Status of My New York Tax Amendment?
You can call the New York Department of Revenue Phone Number at 518-457-5181.
What Penalties, Interest, and Fees Are Related to New York Amended Tax Returns?
The state of New York imposes penalties on late filing, late payment, wrong calculations, negligent, fraudulent or frivolous tax returns and underpayment of tax.
The penalty for filing late is 5% of the tax due for each month the payment is late, and can't exceed 25% of the payment due. If the filing is late by more than 60 days then the total penalty is either $100 or the total amount due, whichever is lower. The penalty is avoided if the taxpayer obtains an extension.
The penalty for a late payment is 0.5% of the amount due each month, and can't exceed 25% of the payment due.
The penalty for incorrectly calculating the tax due is 10% or $2,000 (whichever is greater) of the difference between the tax reported and the actual tax due.
The penalty for negligent tax return, meaning the under-reporting of income was without the intention to commit fraud, then the penalty is 5% of the difference between the reported tax and the actual tax due. In addition, there is a 50% interest rate for any underpayment as a result of negligence. The penalty for fraudulent tax returns is double the difference between tax reported and actual tax due. The penalty for frivolous returns is as high as $5,000 on top of any other penalties.
The underpayment penalty is given when income tax payments are not equal to 90% of the income tax shown on your 2015 return.
Where Do I Mail My New York State Tax Amendment? - New York State Mailing Address:
If a tax payment in form of a check or money order is attached to the form being mailed, then mail to:
State Processing Center
PO Box 15555
Albany NY 12212-5555
If no payment is attached, then mail to:
State Processing Center
PO Box 61000
Albany NY 12261-0001
New York Department of Revenue Phone Number: 518-457-5181
New York Department of Revenue
Where Can I Find More Information on New York Income Taxes?
How Do I Only File My New York Tax Return?
Where is My New York State Tax Refund?
New York Extensions
New York Income Tax
How Do I Correct My Accepted Federal Tax Return?
Learn how to file a federal amended tax return.