United States

Deadline approaching for New York MCTMT returns

TAX ALERT  | 

April 30, 2015, is the deadline for taxpayers to file their tax year 2014 New York Metropolitan Commuter Transportation Mobility Tax (MCTMT) return (Form MTA-6) or a request for a six-month extension (Form MTA-7). The MCTMT, which is administered by the New York State Department of Taxation and Finance, is imposed on certain employers and self-employed individuals engaging in business within the Metropolitan Commuter Transportation District (MCTD). The MCTD includes the counties of New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester. If net earnings allocated to the MCTD exceeds $50,000, the MCTMT payment is 0.34 percent of allocable total net earnings.

Taxpayers are reminded that this is the last year that MCTMT will be reported on a separate return. Starting with tax year 2015, taxpayers will be required to report their estimated and annual MCTMT on their New York personal income tax returns. Deadlines for tax year 2015 MCTMT are as follows:

Action Required

Due Date for Tax Year 2015

Q1 Estimated Payments

April 15, 2015

Q2 Estimated Payments

June 15, 2015

Q3 Estimated Payments

Sept. 15, 2015

Q4 Estimated Payments

Jan. 15, 2016

Annual Return or Extension

April 18, 2016


More information regarding the MCTMT and the procedural changes for tax year 2015 can be found at http://www.tax.ny.gov/bus/mctmt/.

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