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Get your taxes done using TurboTax
Yes, this would be an exclusion from your income if the below information applies
Q: Is an employee of an approved START-UP NY business entitled to a full 10-year benefit period for the personal income tax wage exclusion benefit?
A: The 10-year benefit period is linked to the START-UP NY business, not individual employees. Therefore, an eligible employee will only receive 10 years of the wage exclusion benefit if he or she is hired prior to July 1st in the START-UP NY business’s first year of participation in the program and remains employed for the entire 10-year duration.
https://esd.ny.gov/startup-ny-faqs
(Edited 2/11/19 @ 1:34PM EST)
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June 1, 2019
12:32 AM