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Level 1
Mar 15, 2022 5:53 PM UTC
Solved

1099-MISC box 16

I received 1099-MISC from the university which is for the competition award. I studied in NY but reside in MI. Is this income taxed by both states?

Alumni - Intuit
Mar 15, 2022 6:04 PM UTC

It would be considered taxable income in your home state of Michigan.

 

It would also be considered taxable income in New York. However, if your gross income was under $4,000 or $3,100 if you are someone's dependent, you wouldn't be required to file a New York tax return because your income is so low.

 

If you have to file a New York return, your tax may be reduced for income earned in another state.

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1 reply

Alumni - Intuit
Mar 15, 2022 6:04 PM UTC

It would be considered taxable income in your home state of Michigan.

 

It would also be considered taxable income in New York. However, if your gross income was under $4,000 or $3,100 if you are someone's dependent, you wouldn't be required to file a New York tax return because your income is so low.

 

If you have to file a New York return, your tax may be reduced for income earned in another state.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"