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I am filing for NJ as a resident, and NY as a non-resident. Turbo tax automatically added my NJ business income to NY. Should I remove it from new york state allocation?

I am on the "Your Business and Farm Summary" page where I can edit each business and farm to allocate New York State income.
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1 Reply
ThomasM125
Expert Alumni

I am filing for NJ as a resident, and NY as a non-resident. Turbo tax automatically added my NJ business income to NY. Should I remove it from new york state allocation?

Yes, you only want to assign income to New York that you earned while working there. New York will first tax all of your income earned, then reduce the tax based on the percentage of income earned in other states.

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