As the end of the tax year approaches, the state Department of Taxation has announced it will do away with form N-12, the individual income tax return for residents, beginning Jan. 1, 2008. Resident taxpayers may file either form N-11
As the end of the tax year approaches, the state Department of Taxation has announced it will do away with form N-12, the individual income tax return for residents, beginning Jan. 1, 2008.
Resident taxpayers may file either form N-11 or N-13 when filing 2007 tax returns. N-11 has been renamed and the instructions modified to accommodate the very limited number of residents who were previously filing the soon-to-be extinct N-12.
Taxpayers must use N-11 if he or she: was a resident for the full year; if married and filing jointly, either spouse was a resident for the full year; or if he or she does not qualify to file form N-13.
Taxpayer may be able to use N-13 if he or she: was a resident for the full year; if married and filing jointly, either spouse was a resident for the full year; had only wages, salaries, tips, interest, ordinary dividends and unemployment compensation and the taxable income is less than $100,000.
Questions can be directed to the Taxpayer Services Branch at 587-4242 or (800) 222-3229.
