Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by FindLaw Staff
(a) General. If an individual changes his status during his taxable year from city resident to city nonresident, or from city nonresident to city resident, he shall file one return as a city resident for the portion of the year during which he is a city resident, and a return under a local law authorized by article thirty-B of this chapter for the portion of the year during which he is a city nonresident, subject to such exceptions as the state tax commission may prescribe by regulation.
(b) Trusts. If the status of a trust changes during its taxable year from city resident to city nonresident, or from city nonresident to city resident, the fiduciary shall file one return as a city resident trust for the portion of the year during which the trust is a city resident trust, and a return under a local law authorized by article thirty-B of this chapter for the portion of the year during which the trust is a city nonresident trust, subject to such exceptions as the state tax commission may prescribe by regulations.
(c) Computation of net state tax. When an individual or trust changes resident status during the taxable year, the net state tax shall be the net state tax determined as if such individual or trust were a state resident for the entire taxable year, multiplied by a fraction the numerator of which is such individual's or trust's New York adjusted gross income for the period of residence, computed as if the taxable year for federal tax purposes were limited to the period of residence, and the denominator of which is such individual's or trust's New York adjusted gross income for the entire taxable year. For purposes of the preceding sentence, New York adjusted gross income means New York adjusted gross income determined under article twenty-two of this chapter.
Cite this article: FindLaw.com - New York Consolidated Laws, Tax Law - TAX § 1327. Change of resident status during year - last updated January 01, 2024 | https://codes.findlaw.com/ny/tax-law/tax-sect-1327/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)