For 2021 I'm filing my state taxes as a part year CA resident and a part year NY resident.
I moved from CA to NY in September of 2021 while continuing to work for the same employer (I was moved from CA to NY office). I was granted multiple RSU awards back when I was working for my CA company and I'm going to continue to vest them in the next few years.
- For 2021, I use form IT-203-F form (New York State Multi-Year Allocation Form) Schedule B(s) to allocate RSUs income in my NY state tax return. This way I effectively end up paying NY state taxes only on the portion of my 2021 RSUs vesting income (let's call it `A`). At the same time the other portion of my RSU income is taxes by CA (let's call it `B` = 1 - `A`). Does that sound correct?
- For 2022 and onwards, I will need to pay CA income tax on my RSUs and I will be able to take a tax credit on my RSU income while filling my NY state tax return. Does that sound right?
Does the usage of IT-203-F Schedule B(s) form sound correct?
