1040/IT-201

[InnovativeTax]

Has anyone else noticed that the standard deduction amount for charitable deductions on the 1040 is now "after" the computation for AGI. Furthermore, it is not a decoupling item (add back) for NYS IT-201. I am correct in my observation? Thanks all!

[Skylane]

Not sure I can wrap my head around this tonight or what I'm missing.... 

I used a Single NYC resident w/ 75k income  5500 SALT, 8K RE tax,  and 2K 1098 and  750 charity 

(Total Sch A line 18  would be   11750 so Standard ded 12550 applies)     

Page 1 shows 75K AGI  Standard deduction 12550 plus 300 Charity = 12850

IT-201   NY AGI 75K  less 9750 Itemized (including the $750 Charity) 

NY itemized deductions 13500 Taxes, 1000 1098,  750 Charity = 15250 - 5500 SALT subtraction = 9750

I'm not seeing an error. 

[InnovativeTax]

Skylane...you lost me. Can we speak further.