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Most entries in Box 14 are informational. There is a drop-down box in TurboTax to accommodate NY Nonoccupational Disability Fund tax, but your code is not that. What it stands for are NY taxable wages. You will enter the information as it appears on your W2 in TurboTax and will leave the drop-down box blank.
However, the information is very useful on your NY return, especially if you are filing either a NY part-year or a NY nonresident return. What is reported in Box 16 as wages to NY may be different than what you see in Box 14. But what your W2 is saying is that of what is reported in Box 16, the Box 14 amount is the correct taxable wage figure in NY. This information may be entered in the NY Allocation screets, which allow you to designate the correct income to NY. Again, though, this is if you are either a NY part-year resident or a nonresident. If you are a NY resident, you are taxed on all of your income in NY.
Thank you. I have question regarding box 14 on W2. Rely mentioned "This information may be entered in the NY Allocation screens, which allow you to designate the correct income to NY."
I live in NJ and work in NY. In box 14 it says something like "100 NY PFL and 128,000 NYS TX WG". Box 1 and box 16 says 135,000. When I get to Allocation Wages to New York screen, should I try to adjust the number down to 128,000? I don't see a way to Allocate to a fixed dollar amount. Do I need to use Allocate by Percentage and back into a percentage?
Thank you.
@cc11jimmy wrote:
I live in NJ and work in NY. In box 14 it says something like "100 NY PFL and 128,000 NYS TX WG". Box 1 and box 16 says 135,000. When I get to Allocation Wages to New York screen, should I try to adjust the number down to 128,000?
@cc11jimmy Ask your employer to explain what "128,000 NYS TX WG" means, and how they arrived at that amount. If you worked in New York all year, your New York wages would normally be the full amount in box 1 and box 16.
Hi, DanielV01,
Similarly, I see that for the last two tax years, the TT software has insisted that I print, sign and postal-mail my wife's and my Non-Resident NY State return because of issues with Box 14 on her W-2 (she is employed by our town in NJ; I do some NY work). Is this something she and I can rectify with her employer? How should we avoid this issue again next year? Interestingly, we also just got an NY IT-203 request to prove our NJ residency. Could the mailed-in return with the W-2 Box 14 issue have been a trigger maybe? Thanks for any guidance.
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