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Get your taxes done using TurboTax
It depends. NY does tax unemployment and if there were no taxes withheld by NY you may owe a penalty.
If you owe an underpayment penalty to NY because you exceeded the thresholds below extracted from the form instructions, then you will need to submit the form IT 2105.9. TurboTax will help you complete the form and include it as part of your NY filing as required.
In general, you may owe the penalty for 2021 if you did not pay at least the smaller of:
• 90% (66⅔% for farmers and fishermen) of the amount of tax shown on your 2021 return; or
• 100% of the tax shown on the 2020 return (110% of that amount if you are not a farmer or a fisherman and the New York adjusted gross income (or net earnings from self-employment allocated to the Metropolitan Commuter Transportation District (MCTD)) shown on that return is more than $150,000 ($75,000 if married filing separately for 2021)). You must have filed a return for 2020 and it must have been for a full 12-month year; or
• 90% of the tax computed by annualizing the taxable income received for the months ending before the due date of the installment.
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