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sethk
Returning Member

New York State and NYC UBTI

Hi - I filed for 2021 and 2022 with TurboTax, so it imported info from the former into the latter. On line 75 of my NYS tax return (IT-201), it put a number that was the sum of my NYS estimated tax payments and New York City UBTI payments (this is in a different column in the tax payments worksheet) and MCTMT payment. That seemed fine to me, as I had made all of those payments as instructed by the previous year's return. I have been notified now by New York State that the New York City payments are irrelevant to them, and reduced the line 75 total. I don't doubt them, but if so, folding these payments together strikes me as a significant error on TurboTax's part, since it had full information about where the payments were going in advance. Could someone explain to me what's happening? Thanks.

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