https://ttlc.intuit.com/community/taxes/discussion/re-annuities/01/3293597#M1211585 <P><SPAN style="font-size:14px;">As a NY nonresident, <STRONG>you only pay tax on New York source income, which includes earnings from work performed in New York State, and income from real property located in the state</STRONG>.</SPAN></P> <P><SPAN style="font-size:14px;">Open your NY return and continue to the screen <I>New York Income allocation,</I> and <STRONG>enter 0</STRONG> for the amount of annuities that is considered NY source portion.</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">&nbsp;</SPAN><IMG style="width:37.84%;" src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/0f338582-3538-433c-b090-bc0ed3db1de5.default.png" /></P> Mon, 01 Apr 2024 14:32:46 GMT MayaD 2024-04-01T14:32:46Z https://ttlc.intuit.com/community/taxes/discussion/annuities/01/3292291#M1211089 <P>Live in NJ and work in NY.</P><P>In Turbo Tax, NY is using the Federal Adjusted Gross Income which includes NJ annuities distributions as taxable income.</P><P>How do I remove the annuities from NY, which is taxable in Federal and NJ only, NOT NY.</P><P>Please advise.</P><P>Thanks.</P> Wed, 11 Feb 2026 04:54:24 GMT https://ttlc.intuit.com/community/taxes/discussion/annuities/01/3292291#M1211089 DALLCH 2026-02-11T04:54:24Z https://ttlc.intuit.com/community/taxes/discussion/re-annuities/01/3293597#M1211585 <P><SPAN style="font-size:14px;">As a NY nonresident, <STRONG>you only pay tax on New York source income, which includes earnings from work performed in New York State, and income from real property located in the state</STRONG>.</SPAN></P> <P><SPAN style="font-size:14px;">Open your NY return and continue to the screen <I>New York Income allocation,</I> and <STRONG>enter 0</STRONG> for the amount of annuities that is considered NY source portion.</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">&nbsp;</SPAN><IMG style="width:37.84%;" src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/0f338582-3538-433c-b090-bc0ed3db1de5.default.png" /></P> Mon, 01 Apr 2024 14:32:46 GMT https://ttlc.intuit.com/community/taxes/discussion/re-annuities/01/3293597#M1211585 MayaD 2024-04-01T14:32:46Z https://ttlc.intuit.com/community/taxes/discussion/re-annuities/01/3300878#M1214375 <P>Thank you for your reply.&nbsp; Very helpful.</P> Thu, 04 Apr 2024 01:30:39 GMT https://ttlc.intuit.com/community/taxes/discussion/re-annuities/01/3300878#M1214375 DALLCH 2024-04-04T01:30:39Z