apowers00
New Member

State tax filing

It looks like NY state changed the law from 2019 to 2020. I too was getting a credit for 2019 and all years prior. In doing my current 2021 taxes, I noticed that I was not getting the credit. I was able to get to the form in Turbotax It-249. There is a question in section F about whether income is greater than 250,000 in which case the credit drops to 0 without a phaseout. This is a new question that started in 2020. It was not there on the 2019 form. https://www.tax.ny.gov/pdf/2019/inc/it249_2019_fill_in.pdf

 

So no more credit for those with income above $250,000