I'm still struggling with reporting the signing bonus properly. When I reported it as a NY source income, the amount shows up twice on my NY non-resident return (doubling my income for this item), first on line 6 as "business income" and then on line 16 as "other income" (even though I don't have a Federal amount on line 16). After reviewing the NY return instructions, I believe it should not be on line 6 (which is for a business that I "carried on" in NY where I "maintain an office, desk space, etc. with a fair measure of permanency..."). Line 16 is for "amount received as a nonresident that was derived from or connected with NY state sources". So I think line 16 is the proper place to report this item but how do I show it as "other income" on Federal return as well? Otherwise, is it ok that my Federal amount on line 16 is blank while my NY amount on line 16 shows the bonus amount?
Also, based on the TurboTax guidance, I answered "NO" to the question if I "played an active role in the business". Since this is really a "one off" income, shouldn't it be "other income" for Federal purposes as well? But the Federal return directs me to create Schedule C for 1099-NEC income. I just cannot seem to report this item consistently for both Federal and NY.
Please help. Thank you!
