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How to do New York Income Allocation for retnals

I own a rental property in New York and there is a loss (e.g. -5000). So I think in federal, it shows as 0 income. 

I don't live in NY. When I do my state returns for my non-resident state (NY), I see "Federal Income - Rental, Royalties, Partnership" is 0. In this case do I need to report the -5000 in "New York Source Portion"?  Or put "0" ?

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Thanks!

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Accepted Solutions

How to do New York Income Allocation for retnals

Information input into the federal return component of the program does not always get transferred to the state return.

 

As a result, it is likely you will have to manually enter the loss into the state source section.

 

You can always contact Support for confirmation.

 

What is the TurboTax phone number? (intuit.com)

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1 Reply

How to do New York Income Allocation for retnals

Information input into the federal return component of the program does not always get transferred to the state return.

 

As a result, it is likely you will have to manually enter the loss into the state source section.

 

You can always contact Support for confirmation.

 

What is the TurboTax phone number? (intuit.com)

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