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Get your taxes done using TurboTax
If you were a resident for only a part of the year, your income subject to tax will be split. Part taxed according to resident rules and the remainder subject to nonresident rules. The resident rules I explained. You are taxed on all income and given credit for taxes paid to the other state while a resident. So if you were earning SC money while living in NY, these rules would apply.
You earned your income in the state you lived at the time so non-resident rules apply. Basically you will be able to deduct the SC income on your NY personal return. NY wont use the total business income as the point of taxation.
March 16, 2022
1:35 PM