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Is the New York State Standard deduction limited (i.e., reduced) based on Income Level as it is for Itemized Deductions?

 
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JosephS1
Expert Alumni

Is the New York State Standard deduction limited (i.e., reduced) based on Income Level as it is for Itemized Deductions?

No there is no income limitation if you take the standard deduction on a New York State return.  If there is a change in residency you must allocate for the period of residency (Form IT-360) but there is no income limitation for taking the NYS standard deduction.  The links below should be helpful if you would like more information:

 

NYS standard deduction

NY Itemized deductions

Change of Residency

 

@thomasave962

 

 

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3 Replies

Is the New York State Standard deduction limited (i.e., reduced) based on Income Level as it is for Itemized Deductions?

Stand by. I will page @Mike9241 

JosephS1
Expert Alumni

Is the New York State Standard deduction limited (i.e., reduced) based on Income Level as it is for Itemized Deductions?

No there is no income limitation if you take the standard deduction on a New York State return.  If there is a change in residency you must allocate for the period of residency (Form IT-360) but there is no income limitation for taking the NYS standard deduction.  The links below should be helpful if you would like more information:

 

NYS standard deduction

NY Itemized deductions

Change of Residency

 

@thomasave962

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Is the New York State Standard deduction limited (i.e., reduced) based on Income Level as it is for Itemized Deductions?

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