
2023-2025 Form
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People also ask
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What counties are in NY, 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 is the NY Metropolitan Commuter Transportation Mobility tax?
The Metropolitan Commuter Transportation Mobility Tax (MCTMT) tax is imposed on certain employers and those individuals who are self-employed and engaging in business within the metropolitan commuter transportation district.
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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 happened to the NYC commuter tax?
The state of New York recently passed budget bill 4008 into law, which modified the Metropolitan Commuter Transportation Mobility Tax effective July 1, 2023. It is still a payroll expense tax that is applicable to certain employers within the state of New York.
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Who is subject to New York 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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What counties are subject to NY MTA tax?
What is MCTMT? 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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What is the mctmt exemption in NY?
The metropolitan commuter transportation mobility tax (MCTMT) exemption eliminates the MCTMT on your net earnings from self-employment attributable to your approved business location within the Metropolitan Commuter Transportation District (MCTD) for a tax benefit period of 10 consecutive years.
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