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State tax filing
Your RSU and accrued dividends are taxable to New York because they are based on work performed in New York (even though you received the income while living and working in New Jersey).
NY requires employers to report total income earned everywhere in Box 16, including amounts earned outside NY.
Adjust this amount in TurboTax to report the correct amount of income from the RSUs and dividends only.
- On New York Income Allocation, say No to Were all of your wages and/or your self-employment income earned in New York State?
- Edit Your W-2 on Your Form W-2 Summary
- Choose Allocate by Number or Days or Allocate by Percentage on Allocate Wages to New York (percentage is usually the easier calculation)
If you cashed your RSUs and they were separately reported on a Form 1099-B then report only the amount of capital gain from those transaction as NY capital gains.
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‎April 10, 2022
4:27 AM