Legislation

Search OpenLegislation Statutes
This entry was published on 2018-04-27
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 614
New York standard deduction of a resident individual
Tax (TAX) CHAPTER 60, ARTICLE 22, PART 2
§ 614. New York standard deduction of a resident individual. (a)
Unmarried individual. For taxable years beginning after nineteen hundred
ninety-six, the New York standard deduction of a resident individual who
is not married nor the head of a household nor a surviving spouse nor an
individual who is claimed as a dependent by another New York state
taxpayer shall be seven thousand five hundred dollars; for taxable years
beginning in nineteen hundred ninety-six, such standard deduction shall
be seven thousand four hundred dollars; for taxable years beginning in
nineteen hundred ninety-five, such standard deduction shall be six
thousand six hundred dollars; and for taxable years beginning after
nineteen hundred eighty-nine and before nineteen hundred ninety-five,
such standard deduction shall be six thousand dollars.

(b) Husband and wife filing jointly and surviving spouse. For taxable
years beginning after two thousand five, the New York standard deduction
of a husband and wife whose New York taxable income is determined
jointly or a surviving spouse shall be fifteen thousand dollars; for
taxable years beginning after two thousand two and before two thousand
six, such standard deduction shall be fourteen thousand six hundred
dollars; for taxable years beginning in two thousand two, such standard
deduction shall be fourteen thousand two hundred dollars; for taxable
years beginning in two thousand one, such standard deduction shall be
thirteen thousand four hundred dollars; for taxable years beginning
after nineteen hundred ninety-six and before two thousand one, such
standard deduction shall be thirteen thousand dollars; for taxable years
beginning in nineteen hundred ninety-six, such standard deduction shall
be twelve thousand three hundred fifty dollars; for taxable years
beginning in nineteen hundred ninety-five, such standard deduction shall
be ten thousand eight hundred dollars; and for taxable years beginning
after nineteen hundred eighty-nine and before nineteen hundred
ninety-five, such standard deduction shall be nine thousand five hundred
dollars.

(c) Head of household. For taxable years beginning after nineteen
hundred ninety-six, the New York standard deduction of an individual who
is a head of household shall be ten thousand five hundred dollars; for
taxable years beginning in nineteen hundred ninety-six, such standard
deduction shall be ten thousand dollars; for taxable years beginning in
nineteen hundred ninety-five, such standard deduction shall be eight
thousand one hundred fifty dollars; and for taxable years beginning
after nineteen hundred eighty-nine and before nineteen hundred
ninety-five, such standard deduction shall be seven thousand dollars.

(d) Married individuals filing separately. For taxable years beginning
after two thousand five, the New York standard deduction of a married
individual filing a separate return shall be seven thousand five hundred
dollars; for taxable years beginning after nineteen hundred ninety-six
and before two thousand six, such standard deduction shall be six
thousand five hundred dollars; for taxable years beginning in nineteen
hundred ninety-six, such standard deduction shall be six thousand one
hundred seventy-five dollars; for taxable years beginning in nineteen
hundred ninety-five, such standard deduction shall be five thousand four
hundred dollars; and for taxable years beginning after nineteen hundred
eighty-nine and before nineteen hundred ninety-five, such standard
deduction shall be four thousand seven hundred fifty dollars.

(e) Standard deduction of a dependent individual. For taxable years
beginning after nineteen hundred ninety-six, the New York standard
deduction of a resident individual whose federal exemption amount is
zero shall be three thousand dollars; for taxable years beginning in
nineteen hundred ninety-six, such standard deduction shall be two
thousand nine hundred dollars; and for taxable years beginning after
nineteen hundred eighty-nine and before nineteen hundred ninety-six,
such standard deduction shall be two thousand eight hundred dollars.

(f) Adjusted standard deduction. For taxable years beginning after two
thousand seventeen, the standard deductions set forth in this section
shall be the amounts set forth in this section adjusted by the cost of
living adjustment prescribed in section six hundred one-a of this part
for tax years two thousand thirteen through two thousand seventeen.