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MTA 9Underpayment of Estimated Metropolitain Commuter Form
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People also ask
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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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What is NY MCTMT zone 2?
Calculating the tax For purposes of calculating the MCTMT, the MCTD is divided into two zones: 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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What cities in NY have MTA taxes?
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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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 is New York Metropolitan Commuter Transportation tax?
Zone 1 Rates Payroll ExpenseMCTMT Rate $0 but not over $375,000 .11% (.0011) Over $375,000 but not over $437,500 .23% (.0023) Over $437,500 .60% (.0060) Oct 26, 2023
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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 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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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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