The U.S. Tax Court trial location nearest to Albany, New York is Rooms 206 and 208 of the Jacob K. Javits Federal Building at 26 Federal Plaza, New York City, NY, 10278.

The closest low-income taxpayer clinic is the Legal Aid Society of Northeastern New York LITC, located at 95 Central Ave, Albany, NY 12206.

Most taxpayers in Albany are imposed with both federal and state income taxes. The state of New York has nine income tax brackets, with rates ranging from 4% to 10.9%, depending on one’s taxable income, adjusted gross income, and filing status. New York State offers a lower overall rate on the combined income of married couples filing joint tax returns.

New York state allows single filers in Albany to deduct $8,000 from their taxable income, effectively reducing their state-level income taxes. This amount is the same for those married and filing separately, $16,050 for those married and filing jointly or surviving spouses, and $11,200 for those with head of household status.

Taxpayers in Albany may claim certain itemized deductions on their New York state income tax returns, including medical and dental bills, mortgage interest paid, work expenses, gifts to charity, and casualty and theft losses. Additionally, they may be eligible for the state’s Child and Dependent Care Credit if they meet certain requirements regarding their income, number of qualifying children, and annual childcare expenses.

Those in Albany who owe $20,000 or less in state income taxes may apply for an installment payment agreement with the New York state’s Department of Taxation and Finance. The agreement allows them to resolve their debt in 36 monthly payments or fewer. However, failure to comply with the terms of the agreement may result in levies, seizures, and wage garnishment.

On average, Albany County collects 1.74% of a property's assessed fair market value as property tax. The median property tax in the county as of 2023 is $3,526 per year for a home worth the median value of $202,500. Albany County has one of the highest median property tax rates nationwide.