College tuition credit?

ryanbis
Fri, 07 Jul 2006 00:34:41 +0000

Did you try reading the forms? The instructions are on there…

The IT-2104-E is titled “Certificate for Exemption of Withholding.” IT-2104 is titled “Employee’s Withholding Allowance Certificate.” IT-2104-E is for those who are exempt from having taxes withheld from their paycheck (as explained in the instructions on the form itself), while the IT-2104 is for those who are not exempt and your answers determine the amount that is withheld.

The IT-2104-E says that you are exempt if:


You are a full-time student under 25 AND
You did not pay NEW YORK income tax last year AND
You don’t expect to pay NEW YORK income tax this year


If all three of those apply to you, then you file the IT-2104-E and taxes will not be withheld from your paycheck. If one of those do not apply to you, then you file the IT-2104 and have a portion of your paycheck withheld.

And you can ask your employer for help filling out the form or choosing the correct form. Explaining what the form is for does not constitute tax advice.