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shzeglen
New Member

How to "Allocate Federal Adjustments to Income" when filing as a part-time resident of New York?

"Because your residence changed during 2024, you must allocate your federal adjustments to income of $1,237 based on the time you spent as a resident of New York City or Yonkers." How do I determine what goes in the Description, Total Federal Adjustments, and NYC Resident Portion boxes?
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1 Reply
LenaH
Employee Tax Expert

How to "Allocate Federal Adjustments to Income" when filing as a part-time resident of New York?

If you don't recognize the amount of $1,237 on the screen, Allocate Federal Adjustments to Income, it is likely a combination of numbers from your IT-203. The numbers you are looking for is a combination of numbers that equal $1,237. These items do not have their own line item on the IT-360.1. This form is for changes in city residency status and would apply to you since you were a part year resident of NYC (or Yonkers). 

 

The description would be the item, the federal amount would have to total the $1,237 and the NYC (or Yonkers portion) would be the allocation of that item for the time you lived in NYC. 

 

If you need further assistance, I can look at the numbers on your return and provide you with the combination of items that equal that adjustment. You can send one to us by following the directions below:

 

TurboTax Online:

  1. Sign into your online account.
  2. Locate the Tax Tools on the left-hand side of the screen.
  3. A drop-down will appear. Select Tools
  4. On the pop-up screen, click on “Share my file with agent.”
  5. This will generate a message that a diagnostic file gets sanitized and transmitted to us.
  6. Please provide the Token Number that was generated in the response.

TurboTax Desktop/Download Versions:

  1. Open your return.
  2. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
  3. This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us.
  4. Please provide the Token Number (including the dash) that was generated in the response.

*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)


 Please tag me in the response with the token if you would like additional assistance. 

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