@Timfd wrote:
Can somebody update the answer for 2022 NY State income tax?
I see conflicting info on the internet. TTAX 2022 allows me to enter advisory fees in miscellaneous investment expenses and they do reduce what TTAX says I owe to NewYork State.
Thanks in advance.
New York State still uses the definition for tax deductions that the federal government used before the tax reform that took effect in 2018. Miscellaneous itemized deductions subject to the 2% rule are still allowed on your NY state income tax return, how much you actually benefit depends on your overall income and deductions.
