Hearing bad things on NYS tax refunds, true? (New York, Albany: income, income tax)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Massachusetts resident here. Hearding a lot of NYS income tax refunds are being held hostage by the state and may not be paid until June 2010. Is thie true? Essentially I am thinking of moving to long island. is NYS going broke??
Massachusetts resident here. Hearding a lot of NYS income tax refunds are being held hostage by the state and may not be paid until June 2010. Is thie true? Essentially I am thinking of moving to long island. is NYS going broke??
I've heard from a few people that they are being delayed. It wouldn't surprise me if the money wasn't released until after the state budget is passed. Knowing that the budget has seldom been passed on time in NYS, I wouldn't hold my breath.
Nope, no delay here. We e-filed on Feb. 4 and received direct deposit from:
Fed: Feb. 17
NYS: March 5.
The NY Gov. had considered a tactical delay, but I believe it was voted down.
Quote:
Posted: Tuesday, 23 February 2010
NY Senate Passes Resolution Against Delaying Tax Refunds
ALBANY, N.Y. (AP/1010 WINS) -- The New York Senate has passed a resolution against delaying income tax refunds as a way to ease the state's financial pinch.
Source: NY Senate Passes Resolution Against Delaying Tax Refunds - 1010WINS.comÂ*
I believe the NYS Assembly was also to vote yay/nay on a refund delay on or about March 10, though I can find no news of the event or results.
Quote:
NEW YORK, NY March 09, 2010
Paterson May Delay Tax Refunds
~
REPORTER: An even more pressing problem is immediate cash flow. Governor Paterson estimates the state is $2 billion shy of what it needs to make payments to local governments this month. He says he may have to delay sending out tax refund checks.
HOST: The Assembly is expected to pass legislation today to block that move.
Source: WNYC - News - Paterson May Delay Tax Refunds
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
