October 28, 2014

Electronic Filing is Mandatory for New York State Withholding Tax Filings Due on or After April 30, 2015

A special thanks to article contributor Jason Adler, Supervisor, Tax & Business Services.

Related Service Tax & Business

Electronic Filing is Mandatory for New York State Withholding Tax Filings Due on or After April 30, 2015 Tax & Business

New York State withholding tax returns (Form NYS-1- “Return of Tax Withheld” and NYS-45- “Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return”) due on or after April 30, 2015 must be electronically filed and electronically paid using the NYS Department of Taxation and Finance website.

The NYS Tax Department offers three methods for electronically filing withholding tax returns:

  1. Tax Department Web File
  2. Tax Department Web Upload
  3. FSET Compatible Software- Some commercially available software allows you to use the FSET (“Federal/State Employment Taxes”) program to file withholding returns and report wage and UI information.

Filers of paper returns may be subject to penalties. A New York State online services account will need to be created if one has not already been set up.

Get ready for tax season and please see the NYS website for more information or direct your questions to your Marcum Tax Advisor.