hoangct
Level 1
02-21-2023
10:35 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a client who is a full-year resident of NY city. On her W-2, box 1 is $100K, box 15 NJ $33K and NY $67K. On form New York State form IT-201, it picks up $100K as NY state AGI. Should I adjust NY state AGI to be $67K and how do I do it ?
Thanks
Best Answer Click here
Labels
sjrcpa
Level 15
02-21-2023
11:06 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No adjustment. NY/NYC tax all of the resident's income.
If she pays tax to NJ, NY may give her a credit.
The more I know the more I don’t know.
