Tax Department authorized to provide unclaimed tax benefits (Article 22)

Effective April 3, 2020,

the Tax Department is authorized to compute and issue a New York State and New York City earned income credit when it discovers a taxpayer is eligible for such a credit and did not claim the credit on his or her personal income tax return; and

if an individual taxpayer has elected to claim a New York itemized deduction, but the Tax Department determines that the New York standard deduction is greater than the allowable itemized deduction, the Tax Department will recompute the taxpayer’s tax liability using the standard deduction. Taxpayers will be notified if an adjustment is made to their election.

[Part F of Chapter 59 of the Laws of 2020; Tax Law §§ 606(d)(6), 613, and 1310(f); Administrative Code of the City of New York § 11-1706(d)]