I lived in NY State for all of 2020, but in NYC for only 5 of those months. I don't know what to do about "Allocate Federal Adjustments to Income"

Specifically, it says "you must allocate your federal adjustments to income of $2571" based on time you spent in NYC." It then goes on to say that the "federal adjustments below must equal $2571." Do I just put $1071 under "NYC Resident Portion," and then the remaining $1500 under "Total Federal Adjustments?"

1303

Expert Alumni

Feb 8, 2021 11:13:16 AM

Yes. Your New York City allocation is correct. NYC has its own resident income tax separate from New York state income tax. Allocate 5/12s or $1,071 under NYC Resident Period. Total federal adjustments should equal $2,571.

Level 1

Feb 8, 2021 2:39:23 PM

THANK YOU, @ErnieS0!!

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I lived in NY State for all of 2020, but in NYC for only 5 of those months. I don't know what to do about "Allocate Federal Adjustments to Income"