
Form MTA 405 ATT Attachment to Form MTA 405 Report of Tax Ny
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People also ask
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Who is required to file a NY MTA tax return?
Employers must file quarterly MCTMT returns if they are required to withhold New York State income tax from wages paid to employees and their payroll expense for all covered employees in the MCTD exceeds $312,500 in any calendar quarter. household employers on wages paid to household employees.
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What cities in NY have local income tax?
Residents of New York City and Yonkers also pay local income tax.
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Who is subject to MTA tax in NY?
The MTA (Metropolitan Transportation Authority) tax is a payroll tax imposed on employers and self-employed individuals who operate within the Metropolitan Commuter Transportation District (MCTD) in New York State. Like other payroll taxes, you'll incur fines and penalties if you don't pay the MTA tax.
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What area is New York MTA tax?
Zone 1 is the five counties comprising the five boroughs of New York City: Bronx, Kings (Brooklyn), New York (Manhattan), Queens and Richmond (Staten Island). Zone 2 is the seven surrounding counties also serviced by the MTA: Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester.
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Is mctmt tax deductible on schedule C?
I have always included MCMT (and another NYC local business tax, UBT) on the Schedule C line "Taxes and Licenses". However - note that while the IRS allows you to count these local taxes as a cost to the business, NYS wants you to be more specific about how you claim them.
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What are the zones for New York State MTA?
Metropolitan commuter transportation mobility tax Zone 1 includes the counties of New York (Manhattan), Bronx, Kings (Brooklyn), Queens, and Richmond (Staten Island). Zone 2 includes the counties of Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester.
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Who is subject to NY MTA surcharge?
Corporations may also be subject to the metropolitan transportation business tax (MTA surcharge), which applies to corporations that do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in the Metropolitan Commuter Transportation District, which covers New York City ...
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What cities in NY have MTA taxes?
MTA Tax Localities and Rates The MCTD includes the five counties of New York City: Manhattan, Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island). It also includes Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess and Westchester counties.
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