Oh my gosh, I think I get it now. Are you saying that the credit is ONLY refundable if my NY AGI is less than $60k? That's the key point that I'm asking/don't understand. Everything I read says the credit is refundable, which I am interpreting as meaning they will give it to me no matter what. But perhaps that means that I can continue to carry it for successive years but will only get it back in cash if my AGI is less than that $60k. Is that what you're saying? If so, then as I have no NY taxes, I will basically never get this refund as there is no way to say I don't want to carry it over to successive years?
