Get Ny Mt-15 2020

This guide provides clear instructions on completing the New York MT-15 form online. Understanding its components will help ensure accurate submission, so you can efficiently manage your mortgage recording tax obligations.

Follow the steps to successfully complete the NY MT-15 form online.

1. Click ‘Get Form’ button to access the NY MT-15 online document. This will allow you to begin filling out the form electronically.
2. Review the general information provided on the form to understand the purpose of the MT-15. Familiarize yourself with the scenarios in which this form must be used, particularly concerning properties located in multiple localities.
3. Begin filling out Schedule A, which requires you to enter the amount of the mortgage on line 1, rounding to the nearest hundred dollars. Proceed to calculate the basic and special additional taxes based on the mortgage amount.
4. Move to Schedule B. If applicable, calculate the mortgage amount after exclusions for residential properties on line 4. Include the additional tax for properties located within the Metropolitan Commuter Transportation District (MCTD) on line 5.
5. For line 6, if applicable, list the counties within the MCTD imposing an additional tax and enter the corresponding assessed values of the mortgaged properties in those counties. Aggregate these values for the total on line 6.
6. Continue filling out Schedule C by entering the local tax rates for the relevant localities in lines 16 through 20. Calculate the local taxes and corresponding apportioned values based on the assessed value entered.
7. Complete all necessary calculations, including apportionment factors and total tax due on the last pages of the form, ensuring accuracy in your entries. Review your inputs for any errors.
8. Once you have filled in all sections of the form correctly, save your changes, and download the completed form. You may then print it or share it as needed.

Complete the NY MT-15 form online today to ensure your mortgage tax obligations are met accurately and on time.