New Payroll Tax form for some New York Businesses

A New : New York State Payroll Tax

The metropolitan commuter transportation mobility tax (MCTMT) is a new tax imposed on certain employers and self-employed individuals engaging in business within the metropolitan commuter transportation district (MCTD). This department administers the tax for the Metropolitan Transportation Authority. (The MCTD includes the counties of New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester.)

Your MCTMT due is .34% (.0034) of your payroll expenses for all covered employees for each calendar quarter. The tax is remitted on a new quarterly form (MTA-305) Employer’s Quarterly Metropolitan Commuter Transportation Mobility Tax Return.

You can choose to pay this tax using the PrompTax program if you currently use the PrompTax program to file New York State withholding tax.

DUE DATES

Period	Due date
March 1, 2009 to September 30, 2009*	November 2, 2009
October 1, 2009 to December 31, 2009	February 1, 2010

For 2010, the return will be due quarterly with your other payroll tax returns so they will be due:

Quarter	Due date
January 1 to March 31	April 30
April 1 to June 30	July 31
July 1 to September 30	October 31
October 1 to December 31	January 31

You are not required to file until the first quarter when your payroll expense exceeds $2,500. However, if you previously filed but have a payroll expense of less than $2,500 for a later quarter, you must file a return showing no tax due.