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Get your taxes done using TurboTax
TurboTax picked itemized deductions for you on your New York State income tax return because it was more beneficial.
The Standard Deduction for New York State is:
NYS 2023 standard deductions
Single (and can be claimed as a dependent on another taxpayer's federal return)= $3,100
Single (and can't be claimed as a dependent on another taxpayer's federal return)=$8,000
Married filing joint return=$16,050
Married filing separate return=$8,000
Head of Household (with qualifying person)=$11,200
Qualifying surviving spouse=$16,050
You will need to have entered all of the itemized deductions in the federal section of your TurboTax program for everything to flow properly through to your New York State income tax return. TurboTax normally transfers the deductions you enter in the federal return to the state return automatically.
As far as the math in your calculations, there are a lot of variables, so more information would be needed to assess this. It sounds like you may have made money in New York but lived in another state. (i.e. Only $131,113 out of this was made in NY. Why amount taxed by NY is $145,878?) In general, if you live in one state and work in another, you would file a resident state tax return for the state you live in and a nonresient state tax return for the state you made money in. The state you live in,(in most cases, not all states do this) will give you a credit on your resident state tax return for the taxes paid for your nonresident state).
Click here for information on standardized vs itemized deductions.
Please feel free to come back to TurboTax Community with additional information or questions or click here for help in contacting Turbo Tax Support.
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