topic NY State Tax Calculation in Get your taxes done using TurboTax

NY State Tax Calculation

PJackson — Thu, 17 Apr 2025 16:30:22 GMT

My software calculated my NY State tax as $10,347 (IT-203 line 38).

However when I apply my Income (IT-203 line 31) against the NY State tax brackets, I calculate the tax to be $10,767.

Hoping someone can identify where I'm going wrong? Thanks!

Re: NY State Tax Calculation

rjs — Thu, 17 Apr 2025 17:22:29 GMT

IT-203 line 38 is the tax on the amount on line 37, not on the amount on line 31.

A lot happens between line 31 and line 38. Go to page 19 in the Form IT-203 Instructions and work through the steps line by line, reading the instructions carefully.

Re: NY State Tax Calculation

rjs — Thu, 17 Apr 2025 17:44:52 GMT

Also note that you can't just "apply" your income "against the NY State tax brackets." In the instructions for IT-203 line 38 there are three different ways that the tax might be calculated, depending on the amounts on lines 32 and 37. Read the instructions very carefully.

Re: NY State Tax Calculation

PJackson — Thu, 17 Apr 2025 18:24:25 GMT

Perfect, thanks!