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WebSTART-UP NY Tax Elimination Credit Tax Law – Article 1, Section 40 and Article 22, Section 606(ww) All other filers enter tax period: beginningending Name(s) as shown on return … WebAccording to the New York Department of Revenue, eligible employees may be able to exclude all or part of their wages from an approved START-UP NY business. These wages are reported on a W2 and are taxable for federal purposes. If they are eligible to exclude an amount, enter the applicable amount on the W2 screen in box 14 with code SNY. chittagong flood