All others:

If you were a city resident for all of 2023, use the amount from line 47 of Form IT-201.

If you were a part-year city resident in 2023, use the amount from Form IT-360.1, line 47.

Calculation of NYC school tax credit (rate reduction amount) for married filing jointly ② and qualifying surviving spouse ⑤ If city taxable income is: The credit is: over but not over $0 $21,600 .171% of taxable income 21,600 500,000 $37 plus .228% of the excess over $21,600

Calculation of NYC school tax credit (rate reduction amount) for single ① and married filing separately ③ If city taxable income is: The credit is: over but not over $0 $12,000 .171% of taxable income 12,000 500,000 $21 plus .228% of the excess over $12,000

Calculation of NYC school tax credit (rate reduction amount) for head of household ④ If city taxable income is: The credit is: over but not over $0 $14,400 .171% of taxable income 14,400 500,000 $25 plus .228% of the excess over $14,400