Token #1285183 - please help

Forum|Forum|1 year ago
March 9, 2025
1 reply
2 views

Hello,

If someone could please advise it would be greatly appreciated.

I mostly just need help understanding what to put in the "description column" as it's not clear what this amount refers to in the tool. Thank you!!!

Token #1285183.

Because your residence changed during 2024, you must allocate your New York State adjustments of -$28,714 based on the time you spent as a resident of new York city. your NY State below must equal -$28,714.

LenaH

Employee Tax Expert

The following will be entered on the Allocate New York State Adjustments Screen:

TAXABLE AMOUNT OF PENSIONS & ANNUITIES -24,362 (Federal Column) -14,211 (NYC portion)
TAXABLE AMOUNT OF SOCIAL SECURITY BENEFITS -5,083 (Federal Column) -5,083 (NYC portion)

The allocation for your NYC portion came directly from the IT-360.1. Please make sure you enter the numbers as a negative.

This should clear your error.

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