Hi Bill,
Thanks a lot for your answering. I understand that it203 calculate the NY tax by first using the Federal Adj, and then prorated using the NY amount
But what I really wanted to clarify is the accurate definition for the "New York Adjust Gross Income" (or in short the "NYS Adj"), and define this terminology of "NYS Adj" accurately is very important in many computations:
Let me explain more clearly:
1) In the instruction IT-203-I (2024) Page 43 of 47,
worksheet 7, "Tax computation – New York adjusted gross income of more than $107,650"
It use the terminology "New York adjusted gross income" in the title of this worksheet.
If you look at it203, the terminology: "New York adjusted gross income" appears on Line 31, but Line 31 has two columns, one is the Federal amount, and one is the NY amount.
So, my understanding is: the NYS Adj should be the NY amount on Line 31.
Yet, on worksheet 7 Line 1, the instruction is to do the following:
Line 1: Enter your New York adjusted gross income from line 32 ......................................................
Note that Line 32 is just a copy of the Federal Amount on Line 31
So, I am very confused bout what should be defined as "New York adjusted gross income" on it203.
2. I also have to file Delaware Resident return (DE PIT-RES) after I finish filling the NY nonresident return (it203). And when I file the DE Resident Return, I need to get the credit for the Tax paid to NY.
So, I must fill the worksheet: "Credit for Tax paid to Other state".
On the first line of the worksheet: "Credit for Tax paid to Other state", it asks me to fill the NY Adj. So, I am not sure I should put (a) the amount on it203 Line 31, the Federal amount (this is also the amount on Line 32) or put (b) the amount on it203 Line 31, the NY amount
Please help!
Thanks
--Li
