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June 5, 2026
Question

NYC Form 1127

  • June 5, 2026
  • 1 reply
  • 20 views

Why does turbo tax calculate the STAR Credit (School Tax Relief) on Form 1127 on lines on Schedule B Lines A1 and A2 when these credits are not eligible anymore and should be a credit on the NY State return which Turbo Tax did not apply it to that return either.

1 reply

LenaH
Employee Tax Expert
Employee Tax Expert
June 14, 2026

The NYC Department of Finance has recently changed its position on the School Tax Relief Credit on Form NYC-1127. TurboTax is reviewing this issue currently.

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