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I received a New York Partner's Schedule K-1. I am not a resident. The gain is less than 800 dollars (I've no other NY earnings) do I need to file a NY State tax return?

 
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Accepted Solutions
Vanessa A
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I received a New York Partner's Schedule K-1. I am not a resident. The gain is less than 800 dollars (I've no other NY earnings) do I need to file a NY State tax return?

No, you do not need to file a NY return as a nonresident if your NY income is less than your NY standard deduction. If you only have $800 of income from NY, you would not need to file a NY return. 

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2 Replies
Vanessa A
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I received a New York Partner's Schedule K-1. I am not a resident. The gain is less than 800 dollars (I've no other NY earnings) do I need to file a NY State tax return?

No, you do not need to file a NY return as a nonresident if your NY income is less than your NY standard deduction. If you only have $800 of income from NY, you would not need to file a NY return. 

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

I received a New York Partner's Schedule K-1. I am not a resident. The gain is less than 800 dollars (I've no other NY earnings) do I need to file a NY State tax return?

Based on the attached instructions and the limited facts, it does not appear you need to file a New York IT-203.  See the "Who Must File" section.

 

https://www.tax.ny.gov/forms/current-forms/it/it203i.htm

 

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

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