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You enter the inflation funds received on a federal tax return but not on the New York state return. Use Form 1099-MISC
To enter a Form 1099-MISC that is not for self-employment -
Click on Federal (Personal using Home & Business)
Click on Wages & Income (Personal Income using Home & Business)
Scroll down to Other Common Income
On Form 1099-MISC, click the start or update button
On the screen Did you get a 1099-MISC?, click on Yes
On the screen Let's get the info from your 1099-MISC, enter the amount received in box 3 and continue
On the screen Describe the reason for this 1099-MISC, enter a reason and Continue
On the screen Does one of these uncommon situations apply? - Select None of these apply and continue
On the screen Did the (reason) involve work that's like (your name) main job - Select No and continue
On the screen How often did (your name) get income for (reason) - Select 2025 and continue
On the screen Did the (reason) involve an intent to earn money? - Select No and continue
The amount entered from the Form 1099-MISC will be entered on Schedule 1 Line 8z
The total from Schedule 1 Part I Line 10 flows to Form 1040 Line 8
I did not receive a 1099-MISC, only a NYS form IT-796-ATT. It says an IT-201 Tax form was filed.
I found a listing of New York State Income Tax Forms, but the specific form you mentioned was not on that list. Is that form stating the amount of the New York State Inflation Refund that you received? Do you know if you got a New York State Inflation Refund in 2024 and how much it was? If you can find that information and include any important details from the form you received from New York State in your reply, we can help guide you on how to enter it on your tax return. You can try obtaining the 1099-G (or 1099-MISC) from New York State Department of Taxation - you will need information from your 2024 IT-201 tax return from New York State in order to obtain the form on this website.
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