Instructions for Form IT-205 Fiduciary Income Tax Return - New York

Form IT-205 Fiduciary Income Tax Return - New York

This document contains official instructions for Form IT-205 , Fiduciary Income Tax Return - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-205 is available for download through this link.

FAQ

Q: What is Form IT-205?
A: Form IT-205 is the Fiduciary Income Tax Return for residents of New York.

Q: Who needs to file Form IT-205?
A: Form IT-205 must be filed by individuals or entities acting as fiduciaries for an estate or trust in New York.

Q: What is the deadline for filing Form IT-205?
A: The deadline for filing Form IT-205 is the same as the federal income tax deadline, which is generally April 15th.

Q: Are there any extensions available for filing Form IT-205?
A: Yes, extensions may be available if requested before the original due date, but the tax owed must still be paid by the original due date.

Q: What information is required to complete Form IT-205?
A: You will need to provide information about the fiduciary, the estate or trust, and the income, deductions, and credits related to the estate or trust.