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Yes, that is correct. As a resident of PA they will tax you on all income from all sources. However, you can a claim a credit on you PA return for taxes paid to another state. You will find that credit in the PA state interview in the "Taxes and Credits" topic. You can "Update" that section after completing the NY return.
You will need to generate and complete a NY non-resident return for the NY property sale. In the "My Info" section scroll down to the bottom and select NY as a state where you earned income.
Complete the NY state interview and take note of the income taxed by NY and the tax on that income. You will need those numbers for the PA credit interview.
Now you can return to the PA state interview and "Update" the "Taxes and Credits" topic.
So I did do that, but all the tax is still showing up in PA and not NY.
initially I did not input the info under New York, and then I edited it to add NY. And it asked me, “what percent of this money was made in NY” so I said 100% but all it did was add $5 work of tax due to NY and did not change anything else.
Yes, that is correct the income will not disappear from PA as they tax all income from all sources. You will now go back to Pa state interview and "Update" the "Taxes and Credits" section. Look for the "Credit for Taxes Paid to Other States". There you will enter the income and taxes paid to NY and get a credit on your PA return.
But it’s saying I have NO NY taxes to pay
It's possible the New York (NY) return is not required to be filed. Without knowing all of your income here is what the requirements are:
NY Standard deductions: Filing status and Standard deduction amount
(1)Single (and can be claimed as a dependent on another taxpayer's federal return) $3,100
(1)Single (and cannot be claimed as a dependent on another taxpayer's federal return)$8,000
(2)Married filing joint return $16,050
(3)Married filing separate return $8,000
(4)Head of household (with qualifying person) $11,200
(5)Qualifying widow(er) $16,050
If you have more income than what is listed for your filing status, I would make a suggestion to delete your PA return, complete your NY return and then select to complete the PA return again. The nonresident return must always be completed first, before your nonresident state return.
I made profits and the taxes on me ARE showing up, they’re just showing up for PA and not NY.
You wrote this, what exactly does this mean: “The nonresident return must always be completed first, before your nonresident state return.”
I did fill out my nonresident before my resident.
It means that you need to prepare the NY return before the PA so that TurboTax can bring the actual NY tax liability over to the PA return for credit. Based on your statement you did complete the state returns in that order.
Step through the state return to be sure you didn't miss an entry where you can enter the gain for the NY return if your overall income is higher than indicated. See the images below to enter your gain that is for the sale of your NY property. Once this is completed, then go back through the PA return to see the credit.
i found my mistake! I had done all that but on that page I thought it mean percent so I wrote 100 thinking 100%, but really the system was calculating it as $100….. thank you!!!
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