NYS Wage Allocation

[Mike310]

My company allocated 1% of my stock sales to New York but my NY wages are listed as the same as my federal wages. Is that correct?  

[MayaD]

To better assist you, you need to provide more information. Did you live in more than one state during in 2022? 

To allocate income between states check: How do I allocate (split) income for a part-year state return?

[Mike310]

No- only lived in one state in 2022.  Because of RSUs, my company has allocated 1% of that distribution to New York which is causing a tax liability to New York.  My NY provided W2 shows the same wages as my federal W2, supposedly because of NY law requiring that.

[ErnieS0]

If I understand your question correctly, you did not live in New York but your company allocated 1% of your RSUs are New York income.

However, your W-2 NY box 16 captures your total income for the year because NY requires employers to report income earned everywhere in Box 16.

If that is true, allocate your wages on your NY nonresident return and only report 1% of your income to New York.

1. On New York Income Allocation, say No to Were all of your wages and/or your self-employment income earned in New York State?
2. Edit Your W-2 on Your Form W-2 Summary
3. Choose Allocate by Percentage on Allocate Wages to New York and choose 1%.