NY Gen City L § 25-A-36 (2021)
2021 New York Laws GCT - General City Article 2-D - City Personal Income Tax on Residents 25-A-36 - Payments of Estimated Tax.

§ 36. Payments  of  estimated tax.-- (a)  General.-- The estimated tax with respect to which  a  declaration  is  required  shall  be  paid  as follows:  (1)  If  the  declaration is filed on or before April fifteenth of the taxable  year,  the  estimated  tax  shall  be  paid   in   four   equal installments.    The  first installment shall be paid at the time of the filing of the declaration, and the second, third and fourth installments shall be paid on the following June fifteenth, September fifteenth,  and January fifteenth, respectively.  (2)  If  the  declaration is filed after April fifteenth and not after June fifteenth of the taxable year, and is not required to be  filed  on or  before  April fifteenth of the taxable year, the estimated tax shall be paid in three equal installments.   The first  installment  shall  be paid  at  the  time of the filing of the declaration, and the second and third installments shall be paid on the  following  September  fifteenth and January fifteenth, respectively.  (3)  If  the  declaration  is filed after June fifteenth and not after September fifteenth of the taxable year, and is not required to be filed on or before June fifteenth of the taxable year, the estimated tax shall be paid in two equal installments.  The first installment shall be  paid at  the  time  of the filing of the declaration, and the second shall be paid on the following January fifteenth.  (4) If the declaration is  filed  after  September  fifteenth  of  the taxable  year,  and  is  not required to be filed on or before September fifteenth of the taxable year, the estimated tax shall be paid  in  full at the time of the filing of the declaration.  (5) If the declaration is filed after the time prescribed therefor, or after  the expiration of any extension of time therefor, paragraphs two, three and four of this subdivision shall not apply, and there  shall  be paid  at  the  time  of  such  filing  all installments of estimated tax payable at or before such time, and the remaining installments shall  be paid at the times at which, and in the amounts in which, they would have been payable if the declaration had been filed when due.  (b)  Farmers.--If  an  individual  referred  to  in subdivision (e) of section  thirty-five  (relating  to  income  from   farming)   makes   a declaration  of  estimated  tax after September fifteenth of the taxable year and on or before the following January fifteenth, the estimated tax shall be paid in full at the time of the filing of the declaration.  (c) Amendments of declaration.--If any amendment of a  declaration  is filed, the remaining installments, if any, shall be ratably increased or decreased  (as  the  case may be) to reflect any increase or decrease in the estimated tax by reason of such amendment, and if any  amendment  is made  after September fifteenth of the taxable year, any increase in the estimated tax by reason thereof shall be paid at the time of making such amendment.  (d) Application to short taxable year.--This section shall apply to  a taxable  year  of less than twelve months in accordance with regulations of the administrator.  (e) Fiscal year.--This section shall apply to  a  taxable  year  other than  a  calendar  year by the substitution of the months of such fiscal year for the corresponding months specified in this section.  (f) Installments paid in advance.--An individual may elect to pay  any installment  of  his  estimated tax prior to the date prescribed for its payment.  (g) Cross reference.--For taxpayers with taxable years beginning prior to the date this local law becomes operative, see section forty-one.