rob22bn
New Member

NJ Tax Credit Calculation for NY Income

Hello, I live in NJ and work in NY. I am a partner at a law firm and receive guaranteed payments which majority of the income is sourced in NY.  My wife works in NY and is a W2 employee. When calculating Schedule NJ-COJ can I combine the portion of my  NY K1 income and my wife's W2 income to get a total income for NY or line 1 on the schedule?