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Finny_nj
New Member

NYS Form IT-203 Non Resident Adjustment for Market Discount on US Treasuries, Row 27, Federal Column

TT is properly including market discount on US Treasury in Federal return and NJ resident return.

In NYS non resident return, properly included in Line 2 of Fed Col.

However the market discount is not being included as NY subtraction in row 27, Fed column.

How do I increase the amount subtracted in row 27, Fed column to reflect market discount on US Treasuries?

TIA.

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1 Reply
Finny_nj
New Member

NYS Form IT-203 Non Resident Adjustment for Market Discount on US Treasuries, Row 27, Federal Column

I am able to enter an adjustment to increase NY subtractions on line10a of NY form IT-225, adj code S-121 for the mkt discount. 

 

Is this the correct way to capture in TT?

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