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Page 20 of 41 IT-201-I (2025) College Tuition Credit or Itemized Deduction, and transfer the amount from Form IT-272 to Form IT-201, line 68. Submit Form IT-272 with your return. For more information, see the instructions for Form IT-272. Line 69: New York City school tax credit (fixed amount) (NYC residents only) If you are not a New York City resident or part-year resident, you do not qualify to claim this credit. Go to line 70. If you are a New York City resident or part-year resident and marked the Yes box at item C on the front of Form IT-201 indicating that you can be claimed as a dependent on another taxpayer’s federal return, or your income (see below) is more than $250,000, you do not qualify for this credit. Go to line 69a. If you are a New York City resident or part-year resident and marked the No box at item C on the front of Form IT-201 indicating that you cannot be claimed as a dependent on another taxpayer’s federal return and you are filing status , , , or  (and your income [see below] is $250,000 or less), determine your credit using Table 1 below if you were a full-year resident or Table 2 below if you were a part-year city resident. Special rules for married filing joint return (filing status ) • If both spouses are full-year city residents, determine your credit using Table 1, filing status . • If both spouses are part-year city residents, determine your credit using Table 2, filing status . If you have different periods of city residence, determine your credit using the number of months for the spouse with the longer city resident period. Example: You and your spouse are filing a joint New York State return (filing status ). You were a 5-month New York City resident, and your spouse was an 8-month New York City resident. Your income was less than $250,000, and you marked filing status , married filing joint return. You are entitled to a credit of $83 (using the 8-month period from Table 2). • If one spouse is a full-year city resident and one spouse is a full-year city nonresident, and you are calculating your NYC tax as married filing separately, determine your credit for the full-year city resident spouse using Table 1, filing status . The full-year city nonresident spouse may not claim the credit. • If one spouse is a full-year city resident and one spouse is a full-year city nonresident, and you elect to calculate your NYC tax as if both were full-year city residents, determine your credit using Table 1, filing status . • If one spouse is a full-year city resident and one spouse is a part-year city resident, you must calculate each credit separately and add them together. Determine the full-year city resident spouse’s credit using Table 1, filing status , and determine the part-year city resident spouse’s credit using Table 2, filing status . Example: You and your spouse are filing a joint New York State income tax return (filing status ). You were a full-year New York City resident. Your spouse was a New York City resident for only 3 months during the year, and your income was less than $250,000. Add your credit amount from Table 1, filing status  ($63), and your spouse’s credit amount from Table 2, filing status  ($16), for a combined credit of $79. • If one spouse was a part-year city resident and the other spouse was a full-year city nonresident, determine your credit for the part-year city resident spouse using Table 2, filing status . The full-year city nonresident spouse may not take a credit. Income, for purposes of determining your New York City school tax credit, means your federal adjusted gross income from Form IT-201, line 19, minus distributions from an individual retirement account and an individual retirement annuity, from Form IT-201, line 9, if they were included in your federal adjusted gross income. Line 69a: New York City school tax credit (rate reduction amount) (New York City residents only) If you are not a New York City resident or part-year resident, you do not qualify to claim this credit. Go to line 70. If you are a New York City resident or part-year resident and you marked Yes at item C on the front of Form IT-201 indicating that you can be claimed as a dependent on another taxpayer’s federal return, or your income (see below) is more than $500,000, you do not qualify to claim this credit. Go to line 70. Filing status: If your income (see below) is: Your credit* is: – Single, filing status , or – Married filing separate

return, filing status , or – Head of household,

filing status  $250,000 or less $ 63 – Married filing joint

return, filing status  – Qualifying surviving

spouse, filing status  $250,000 or less $125 *The statutory credit amounts have been rounded. Table 1 - Full-year New York City residents: New York City school tax credit table Resident period (number of months) If your income (see below) is $250,000 or less, and Your filing status is ,  or , your credit* is: Your filing status is  or , your credit* is: 1 $ 5 $ 10 2 10 21 3 16 31 4 21 42 5 26 52 6 31 63 7 36 73 8 42 83 9 47 94 10 52 104 11 57 115 12 63 125 *The statutory credit amounts have been rounded. Table 2 - Part-year New York City residents: New York City school tax credit proration chart