topic NY Non-Resident Allocation in State tax filing

NY Non-Resident Allocation

LiebermB — Sat, 21 Mar 2020 14:44:03 GMT

I am a GA resident who has NY State non-resident income. Under "NY Additions Allocation," "Changes to Federal Income, Non-resident and Part year Resident Adjustment Allocations" TurboTax lists "Interest Income on State or Local Bonds" -$3946. I have not idea where it comes up with this number. Probably some percentage of bond fund investments. Similarly, under "NY Subtraction Allocation" it lists $432. Do I minimize the impact of both of these for the NY allocation ("0" for the $3946, and the entire $432 for this subtraction)?

Re: NY Non-Resident Allocation

MaryK4 — Sun, 22 Mar 2020 19:33:25 GMT

Yes, if your only New York income was the wages or other New York state income, you would want to not include the Interest or allocation amount.

Re: NY Non-Resident Allocation

LiebermB — Mon, 30 Mar 2020 16:31:28 GMT

Do I need to manually allocate Federal income to the different states ("additions/subtractions"), or does TurboTax do this automatically? I prepared the two non-resident state returns first, before the one for my resident state.

Re: NY Non-Resident Allocation

KarenJ2 — Mon, 30 Mar 2020 17:48:43 GMT

Yes, you need to manually allocate any NY income for a nonresident NY return.