I hate to do this, but . . . Turbotax accurately computes our NY State taxes according to the NY State Tax Rate Schedule on page 43 of the IT201 instructions. However, the numbers on our return put us into Tax computation worksheet 3 on page 46. According to worksheet 3, we would owe $3,016 more in NY State tax (conincidentally the same amount as the Recapture Base Amount line on Tax computation worksheet 4, same page). My question is should we pay the higher or lower amount, and what are the consequences if we pay either too little or too much? Thanks for your help!
