What kinds of income are NOT required to be allocated to NM on NM Form PIT-B. I receive income fro 2real estate partnerships in New York State on which I pay tax to NYS. Am I required to allocate this income to NM on column 2 of PIT-B? If so, can I then

[Gregg Manoff]

• What kinds of income are NOT required to be allocated to NM on NM Form PIT-B? I receive income from 2 real estate partnerships in New York State which I am taxed on by New York State. Am I required to allocate that partnership income earned and taxed in New York to NM on Firm PIT-B? In other words, do I have to enter it in column 2 as well as column 1 of PIT-B? And if so, can I claim the credit for tax paid to another state on Form PIT-1, line 20?

[RobertB4444]

If you are a resident of New Mexico then you report all of your income to New Mexico - including the income from out of state.  Then you absolutely are entitled to a credit for the taxes paid to New York.

@Gregg Manoff