New York State has its own estate tax, which is collected in addition to the federal estate tax. The exemption for tax year 2020 is $5.85 million, while the 2021 exemption is $5.93 million. Estate tax rates for amounts above that exemption range from 3.06% to 16%.

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If you earned $68,000 or less in 2020, the City can help you file your taxes for free. You can file for free online or in person. Update: Prepare and file your

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The New York State Department of Taxation and Finance today announced that it’s partnering with multiple colleges in New York City to offer free electronic tax preparation and filing resources to students, faculty and members of the community.

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