Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 12:33:35 AM

In Turbotax, where do I enter line 69A of NYS IT-201, which is the NYC School tax credit rate reduction amount?

0 3 4705
3 Replies
New Member
Jun 6, 2019 12:33:36 AM

This will be automatically computed by Turbo tax through the interview process. However, if you are not a New York City resident or part-year resident, you do not qualify to claim this credit.

The credit is based on several things including filing status and income. Therefore, you will need to look at your situation to arrive at a number. Here are the complete instructions from New York (page 30):

https://www.tax.ny.gov/pdf/current_forms/it/it201i.pdf

New Member
Apr 16, 2020 11:56:51 AM

HI, the info for computing the amount TurboTax generated for line 69A (N.Y> State IT-201) seems to be incorrect.  Is there a way that I can compute this other than using the info for calculating using the chart?  Is this done by TurboTax only and should not be attempted by any trying to arrive at the amount generated from TurboTax for Line 69A?

Level 2
Mar 7, 2022 3:28:11 PM

I agree, the rate calculated on line 69a is wrong. I am calculating manually but TT should step up and fix it.