New York recently released an update to its 2021 Form IT-2104, the Employee’s Withholding Allowance Certificate. The IT-2104 is used for claiming withholding allowances for New York State, New York City, and Yonkers. No changes were made to the form itself, but a couple of notable changes and additions have been made to the on-form instructions. These are detailed below:
• An Important Information section has been added, explaining that individuals who previously filled out the form may need to fill out a new form due to changes in New York State personal income tax made in April of 2021.
• The Adjusted Gross Income (AGI) tables have been updated with several more divisions from the previous 3, including divisions for income over $25,000,000 annually.
To view the complete form, click here.