Year, New IT-2104 in New York
Richard J. Koreto
The New York
Department of Taxation and Finance has revised its Form
IT-2104, Employee’s Withholding Allowance Certificate,
for tax year 2012 due to legislative changes. Employees may need
to complete new ones and give them to their employers to have the
correct amount of tax withheld from their pay.
charts, and additional dollar amounts in the instructions, used
to compute withholding allowances or to request an additional dollar
amount to withhold, have been revised," the department noted
in an email.
The form itself
noted several changes from the previous year, some of which may
result in withholding changes: The worksheet on page 3, the charts
beginning on page 4, and the additional dollar amounts in the instructions
on page 2, used to compute withholding allowances or to enter an
additional dollar amount on line(s) 3, 4, or 5, have been revised.
Among the significant
changes: the page 4 charts say they are "only for married
couples with both spouses working or married couples with one spouse
working more than one job, and whose combined wages are between
$100,000 and $2,100,000." Previously, the ceiling was $1.1
There are also
tables for single taxpayers and head of household taxpayers with
more than one job as part of a new Part 5, a section not in the
that hasn't changed is the warning about what happens if a Form
IT-2104 is not filed: "Your employer may use the same number
of allowances you claimed on federal Form W-4. Due to differences
in tax law, this may result in the wrong amount of tax withheld
for New York State, New York City, and Yonkers."