It's that time of year again-- tax season! As the April 15th deadline for filing taxes looms, taxpayers across the United States are scrambling to make sure they are up to date on the most current tax laws and regulations. If you're one of those taxpayers, you may be wondering about the changes to New York State's tax tables for 2017.
Fortunately, the New York State Department of Taxation and Finance has released its updated tax tables for this year. This document outlines the income brackets and applicable tax rates for individuals and businesses within the state. It also includes information about what types of income are taxable, as well as any deductions or credits taxpayers can take advantage of. With this information in hand, taxpayers can easily calculate their estimated tax liability for the year.
In this article, we'll take a closer look at the new tax tables for New York State in 2017. We'll discuss the different income brackets and applicable tax rates, as well as any relevant deductions or credits. We'll also provide some helpful tips to help taxpayers accurately calculate their tax liability this year. Finally, we'll go over the forms and documents taxpayers will need to file for their taxes in New York State. Read on to learn more about the 2017 New York State tax tables.
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