Are charitable contributions and tax adviser fees deductible in NY State?

[marionshaw]

this is a NEW YORK STATE QUESTION: Are charitable contributions and Investment advisor fees deductible this year?  They were in 2019.

[LenaH]

If you itemized charitable contributions on Schedule A of your 1040, then the contributions are deductible on your NYS return. If you took the $300 deduction for contributions (on top of the standard deduction), then that amount is not deductible.

You can also deduct your share of the investment expenses of a regulated investment company.

Instructions for Form IT-196 (2020)

[Timfd]

Can somebody update the answer for 2022 NY State income tax?  

I see conflicting info on the internet.  TTAX 2022 allows me to enter advisory fees in miscellaneous investment expenses and they do reduce what TTAX says I owe to NewYork State.  

Thanks in advance.

[Opus 17]

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@Timfd wrote:

Can somebody update the answer for 2022 NY State income tax?  

I see conflicting info on the internet.  TTAX 2022 allows me to enter advisory fees in miscellaneous investment expenses and they do reduce what TTAX says I owe to NewYork State.  

Thanks in advance.

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New York State still uses the definition for tax deductions that the federal government used before the tax reform that took effect in 2018.  Miscellaneous itemized deductions subject to the 2% rule are still allowed on your NY state income tax return, how much you actually benefit depends on your overall income and deductions.