ErnieS0
Expert Alumni

State tax filing

New York is not taxing your overall adjusted gross income. NY uses your total income to set the base tax rate.

 

You then pay tax on the NY percentage of what the total tax would have been if all you income was NY income.

 

For example, if you earned $100,000 total and $30,000 in NY, your tax rate would be based on $100,000. Say the NY tax on $100,000 is $10,000. Then your tax would be 30% ($30,000/$100,000) of $10,000 or $3,000.

 

 

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