§ 213-b. Payments on account of estimated tax.-- (a) First\ninstallments for certain taxpayers.--In privilege periods of twelve\nmonths ending at any time during the calendar year nineteen hundred\nseventy and thereafter, every taxpayer subject to the tax imposed by\nsection two hundred nine of this article must pay with the report\nrequired to be filed for the preceding privilege period, or with an\napplication for extension of the time for filing the report, for taxable\nyears beginning before January first, two thousand sixteen, and must pay\non or before the fifteenth day of the third month of such privilege\nperiods, for taxable years beginning on or after January first, two\nthousand sixteen, an amount equal to (i) twenty-five percent of the\nsecond preceding year's tax if the second preceding year's tax exceeded\none thousand dollars for taxable years beginning before January first,\ntwo thousand twenty-six, or five thousand dollars for taxable years\nbeginning on or after January first, two thousand twenty-six, but was\nequal to or less than one hundred thousand dollars, or (ii) forty\npercent of the second preceding year's tax if the second preceding\nyear's tax exceeded one hundred thousand dollars. If the second\npreceding year's tax under section two hundred nine of this article\nexceeded one thousand dollars for taxable years beginning before January\nfirst, two thousand twenty-six, or five thousand dollars for taxable\nyears beginning on or after January first, two thousand twenty-six, and\nthe taxpayer is subject to the tax surcharge imposed by section two\nhundred nine-B of this article, the taxpayer must also pay with the tax\nsurcharge report required to be filed for the second preceding privilege\nperiod, or with an application for extension of the time for filing the\nreport, for taxable years beginning before January first, two thousand\nsixteen, and must pay on or before the fifteenth day of the third month\nof such privilege periods, for taxable years beginning on or after\nJanuary first, two thousand sixteen, an amount equal to (i) twenty-five\npercent of the tax surcharge imposed for the second preceding year if\nthe second preceding year's tax was equal to or less than one hundred\nthousand dollars, or (ii) forty percent of the tax surcharge imposed for\nthe second preceding year if the second preceding year's tax exceeded\none hundred thousand dollars. Provided, however, that every taxpayer\nthat is a New York S corporation must pay with the report required to be\nfiled for the preceding privilege period, or with an application for\nextension of the time for filing the report, an amount equal to (i)\ntwenty-five percent of the preceding year's tax if the preceding year's\ntax exceeded one thousand dollars for taxable years beginning before\nJanuary first, two thousand twenty-six, or five thousand dollars for\ntaxable years beginning on or after January first, two thousand\ntwenty-six, but was equal to or less than one hundred thousand dollars,\nor (ii) forty percent of the preceding year's tax if the preceding\nyear's tax exceeded one hundred thousand dollars.\n (b) Other installments.--In privilege periods of twelve months ending\nat any time during the calendar year nineteen hundred seventy and\nthereafter, the estimated tax or estimated tax surcharge, with respect\nto which a declaration for such privilege period is required shall be\npaid, in the case of a taxpayer which reports on the basis of a calendar\nyear, as follows:\n (1) If the declaration is filed on or before June fifteenth, the\nestimated tax or estimated tax surcharge shown thereon, after applying\nthereto the amount, if any, paid during the same privilege period\npursuant to subdivision (a), shall be paid in three equal installments.\nOne of such installments shall be paid at the time of the filing of the\ndeclaration, one shall be paid on the following September fifteenth, and\none on the following December fifteenth.\n (2) If t
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