New York State Tax Notice N-20-8 INCORRECT (June 30, 2020)

NYSSEA learned late yesterday (June 29, 2020) that the NYS Department of Taxation & Finance’s Notice N-20-8 is incorrect. https://www.tax.ny.gov/pdf/notices/n20-8.pdf

The notice says that the 1^st quarter estimated tax payment is due 6/15 and the 2^nd quarter 7/15, but in fact, it’s the opposite. The 1st quarter payment is due 7/15, and the 2^nd quarter is (was) due 6/15.

NYSSEA strongly urged NYSDTF to notify taxpayers and the tax professional community promptly.