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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
It depends. The question is asking how much of the income that is being reported to Illinois was actually earned in another state, in this case NY, so that the credit for taxes to another state may be calculated correctly. For this question, if the amount reported to NY is taxable to NY, this is the information you will put in this box.
However, there are other factors. NY has some tricky laws when it comes to income that is taxable to NY. Although you did not live there, you are considered as working in NY if you worked remotely from home. In this circumstance, (which seems to be the case here) you file a NY nonresident return on all of your income, and both Illinois and NJ will give you credit for the NY income that you earned while in each state, since each taxes the amount of income you earned in NY during the same time period.
If, however, NY was not supposed to tax this income, you still file the NY nonresident return, but you will allocate the income in New York. Your Illinois income would not be taxable in NY if you were working in an Illinois office instead of from home, and you would want to indicate that this income is not taxable.
Either way, you do wish to prepare the nonresident return first to get accurate calculations. Here's an FAQ to assist you with this: https://ttlc.intuit.com/replies/3302052
[edited 3/5 2017 6:03 PST]
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
It depends. The question is asking how much of the income that is being reported to Illinois was actually earned in another state, in this case NY, so that the credit for taxes to another state may be calculated correctly. For this question, if the amount reported to NY is taxable to NY, this is the information you will put in this box.
However, there are other factors. NY has some tricky laws when it comes to income that is taxable to NY. Although you did not live there, you are considered as working in NY if you worked remotely from home. In this circumstance, (which seems to be the case here) you file a NY nonresident return on all of your income, and both Illinois and NJ will give you credit for the NY income that you earned while in each state, since each taxes the amount of income you earned in NY during the same time period.
If, however, NY was not supposed to tax this income, you still file the NY nonresident return, but you will allocate the income in New York. Your Illinois income would not be taxable in NY if you were working in an Illinois office instead of from home, and you would want to indicate that this income is not taxable.
Either way, you do wish to prepare the nonresident return first to get accurate calculations. Here's an FAQ to assist you with this: https://ttlc.intuit.com/replies/3302052
[edited 3/5 2017 6:03 PST]
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
For your NJ return there is another area to check. Since you gave me exact amounts I can tell you what to put in the box. NJ has a question on double-taxed income, which refers to your NY income you earned while living in NJ. You will enter 33,191 (actually 33191.45, but you round down), which is the amount of NY income being taxed by NJ as well. For the tax paid on the double-taxed income, you will either add additional NY tax due to the NY tax withheld on your W2 or subtract refund to be received, and then multiply by .5302, which is the ratio between the NJ portion and the IL portion. This way, NJ tax is calculated correctly so you are not double-taxed by NJ either.
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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Live in IL but work for NY Company. Unsure about "Allocate your Illinois and non-Illinois amount", Was taxed in both IL and NY for the same income. What should non-IL be
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