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Get your taxes done using TurboTax
No, because New York will tax you on all monies received even in other states. To compensate for including out of state income on the New York return, they will then reduce their tax rate by the fraction of your out of state income to in-state income. So, they end up not taxing your out of state income but it shows as income on the New York tax return.
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‎February 12, 2025
3:25 PM