Allocate New York State adjustments

If you are experiencing this with your NYC return, it would be helpful to have a TurboTax ".tax2021" file that is experiencing this issue in order to address your questions. 

You can send us a “diagnostic” file that has your “numbers” but not your personal information. If you would like to do this, here are the instructions: Go to the black panel on the left side of your program and select Tax Tools. 

1. Then select Tools below Tax Tools. 
2. A window will pop up which says Tools Center.  
3. On this screen, select Share my file with Agent. 
4. You will see a message explaining what the diagnostic copy is. Click okay through this screen and then you will get a Token number. 
5. Reply to this thread with your Token number. This will allow us to open a copy of your return without seeing any personal information.  

We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.

Token number is 937512. Thank you. 

DS

The $64,122 is the subtraction from federal adjusted gross income on your New York return (IT-203). It consists of:

• $43,228 of social security benefits
• $20,894 in the pension and annuity income exclusion

Out of this $64,122, you allocated $30,836 to New York City.

• $9,942 of social security benefits
• $20,894 in the pension and annuity income exclusion

To clear the error message, please follow the instruction below on the page Allocate New York State Adjustments:

1. Enter total New York adjustments ($64,122) in first column
2. Enter the NYC resident portion ($30,836) in second column

@davesieminski

Hello,

I'm on the same boat as this person who initially posted it. The message I got while working on my NY state return is as follows:

Because your residency changed during 2021, you must allocate your NYS adjustments of $1,432 based on the time you spent as resident of New York City or Yonkers. ... Your NYS adjustments below must equal $1,432. 

Could you please explain to me where this number ($1,432) came from and what to put in all the blank boxes? 

My token number is 1005712. Thank you!

Please enter:

1. 414(H) for the description. 
2. $1,432 for the total NY Adjustments. 
3. Your wages were allocated approximately 58.33% to NYC. Therefore, your 414(H) would total $835 for your NYC portion if the allocation is the same.

@kakim717

Hello, 

Same situation as the two people above, but am unsure if the description to use to report the information is the same. Token 1012300. Thank you!

Please enter the following information:

• INTEREST STATE/LOCAL BONDS $45
• INTEREST US GOVT BONDS -$34
• 529 CONTRIBUTIONS -$5,000

The amount for your allocations to the NYC resident portion depends on when you earned the interest and when you made the 529 contribution. You can fill in the allocated amounts accordingly into the boxes under NYC Resident Portion. Please see the picture below for additional guidance. 

@sgo1

Appreciate the quick response! To clarify, I would need to break down the number for each of the category according to when I actually earned or contributed the funds while being in NYC? I still live in New York State.

What about this line from the ask "Your New York State Adjustments below must equal -$4,989" ?

Thanks

Yes, you would need to break down the number for each category under the column NYC Resident Portion.

The -4,989 is the total of -5,000 + -34 + 45. Your return will pass review since the total of the lines equal -4,989. 

@sgo1

Got it. I had missed the minus sign for the $5,000 figure, sorry!

And let's say I don't have the exact information for the NYC breakdown, could I allocate a % based on how long I lived in NYC (e.g. 3 months out of 12, so 25% of each amount)?

Thanks again

Sarah

For the interest, yes, you can use an allocation because it usually is earned evenly throughout the year. 

For the 529 contribution, it would depend on when you contributed the funds. Was it all at once or over the period of the year? If all at once, then was it when you were a NYC resident or when you were not? If contributed evenly throughout the year, then you could use an allocation. 

@sgo1

That makes sense.

Thank you so much for your help!

Hi! Similar situation. Can you help me determine what I should list in my table for the "Allocate New York State Adjustments"? Token 1013009

I'm in a similar situation. I moved to NYC in August (after living in another part of NY). The message I received is:

"Because your residence changed during 2021, you must allocate your New York State Adjustments of $586 based on the time you spent as a resident of New York City or Yonkers."

What do I do?

Figure the days you were in NYC.   Subtract that number from 365 - that is your days not a resident of NYC.   Then figure a percentage (divide each number by 365) that you can apply to the state adjustments for your NYC return.  

Example - say you moved to NYC 08/15

Days in NYC (08/15 - 12/31) = 138 days

Days not in NYC (1/1 - 08/14) = 227 days

Allocate 38% to NYC and the remaining 62% outside of NYC.   

@LenaH 

I've been reading through this thread and am experiencing the same issue, please help!

I've been a resident of New York State for the entire year and moved to New York City in March 2021-December 2021. I'm not sure what to insert on the Allocate Federal Adjustments to Income page that says: Because your residence changed during 2021, you must allocate your New York State Adjustments of $1,233 based on the time you spent as a resident of New York City or Yonkers.

Would you please provide the information for me to insert for Description/Total Federal Adjustments/NYC Resident Portion?

I've also followed your instructions and my token number is: 1014083

Thank you in advance!

Good morning,

I am experiencing the same issue.  My token is 1014849

I'm having the same issue. Thanks very much for your generous and timely help!

Token Number: 1015526

You have to allocate your state and local bond interest. You entered $20 total for NYS (correct) and $10 for the NYC portion.  Just add the description: Interest on state/local bonds. 

@salohcin24

Enter your student loan interest on the screen Allocate Federal Adjustments to Income. Total federal adjustments would equal 1,233. For allocation purposes, I used 10/12 months x 1,233 for the period you lived in NYC. If this is not the correct allocation, then please change that column accordingly. 

@emilyjohn

Enter State/Local bonds for a total of 38. If earned evenly throughout the year, you can allocate 25 to NYC based on the time period you lived there. If this is not the correct allocation, then please change that column accordingly. 

@OlgaTomasello

Your adjustments are equal to :

1. 529 CONTRIBUTION: -$4,200
2. 414(H): $2,807

Depending on when you contributed to the 529 plan and when the 414(h) was taken out of your pay would determine what you would allocate to the NYC resident portion column. 

For example - if you contributed to the 529 plan while you were a NYC resident, you would enter the full amount in the column NYC resident portion. 

@Shirandy

Running into the same issue and could use some help, :( thank you/ Token: 1016503

Please enter INTEREST STATE/LOCAL BONDS in the amount of $29 (total NY adjustment). The amount under NYC resident portion would be $20 if earned evenly throughout the year based on when you lived in NYC. If that allocation is incorrect, enter the appropriate amount in the NYC resident portion.

@Anonymous