topic Re: NYC UBT in Get your taxes done using TurboTax

NYC UBT

Fsutosfns — Mon, 03 Mar 2025 20:43:47 GMT

If I’m self-employed and my job is outside of NYC (all business transactions are not in NYC), but my home address is in NYC, am I subject to pay UBT?

Re: NYC UBT

ThomasM125 — Mon, 03 Mar 2025 20:55:50 GMT

You are not subject to the New York City unincorporated business tax (UBT) if your business is located outside of New York City and you conduct none of your business in New York City. It appears that you conduct all of your business outside of New York City, so the only question would be if the business itself is located in New York City. If you use your home address as the business address and/or you manage the business from your home, you would likely be subject to the UBT tax as that would mean the business was located there.

Re: NYC UBT

Fsutosfns — Mon, 03 Mar 2025 21:28:46 GMT

Thank you. I am a sole proprietor whose home address is in NYC, but the work for the job is done outside NYC that is reported on the 1099-NEC.