NY State form IT-203-F

[andreykravtsov]

Yea, audited last year and being audited this year. Not sure if that is just because of the IT-203-F in general tho

[Tax2019User]

I am writing to say that this error persists in the 2023 Premier desktop version of turbotax. 

I have the same situation as the original poster (RSU income to be allocated to NYS across several years using IT-203-F).  I attempted to resolve this by speaking with a turbotax representative (who also read this posting) but there was not solution.

While I cannot get past the error message when using the interview, I notice that I can fill out forms manually and then select the REVIEW tab to finish the tax return.

Another workaround is to enter a large negative number in the "NOT allocated" box (such as -20,000 in my case) and mark it as estimated.  This allowed the completion of the interview process.  The final step was to remove this estimate.

Here is a screenshot of the error.

[CatinaT1]

Are you still experiencing this problem?

Make sure you have ran all updates. 

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

If you still are not able to solve this, please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service 

[kaustubh_1]

Would have really downvoted for such a WRONG advice from so called "expert" ROBERT. RSU taxes are not capital gains but part of your W2 income taxed at wage bracket as per federal and state law.

They only become capital gains when "Employee (Note: Employee) decides to sell them!) at which employee has to get RIGHT cost basis from brokerage as brokerage mostly will give cost basis 0 since they were RSUs."

The person here is specifically stuck with bug in TT that it does not direct you either to IT 203 and IT 203F schedule B for filing their NY tax as NR income on RSU.

[jkraska]

Not an expert here, but I ran into the same problems with IT-203-F.   I ended up switching to desktop for the return since it properly saved the Schedule B and gave me the ability to look at all the raw forms and understand how they all connected.

Problem 1:  RSU Income getting double taxed / Not being able to set wages to 0.  

RSUs are considered part of your wages, despite needing to use a mulit-year capital gains income form to calculate them.  It automatically includes the sum of the IT-203-F Schedule B form in your allocations worksheet.  This is problematic if you only had RSU income to be allocated since you are not allowed to enter 0, and the federal value includes RSU income anyway.  

Solution: Enter NY Sum from IT-203-F as the value in your wages, and enter the negative value as the sum in the B field of the allocation worksheet.   This solution is hinted in the easy flow - "If the amount allocated to NY is included in wages or allocated on another line, enter the amount as a negative in the field below"

Problem 2:  Can not exclude Schedule A even though i haven't entered any data

Solution: There is a note on the top of schedule A that reads "For any wage that needs to be allocated on schedule A enter "M" in the Allocate by formula column on the new york state wages / self employment Income allocation worksheet".  

If you open up the form "NY ST Wgs/SE WK" you should see the income with an "M" next to it.  Clear the M and Schedule A will stop being populated while keeping all the schedule Bs entered.  This seemed to work for me without having any negative effects.  I dont think this can be done on the web version.  

This was all very frustrating to figure out.  Keeping my fingers crossed that i did it correctly.