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NY State Inflation doesn't show in line 8z Schedule 1

I followed the Step by Step - NY Inflation refund check in Turbotax as given.  In the last steps, it is mentioned that for federal confirmation, open your 1040- Look at Line 8z (Other income)-You should see your half (or all) of the refund included there. If Schedule 1 line 8z includes it AND IT-201 line 25 subtracts it, everything is correct.

When I opened for my schedule 1 the NY Inflation refund amount is in line 1 Taxable refunds, credits, or offsets of state and income tax instead of line 8z.  I restarted all the steps a few times but turbotax always add it to line 1 in schedule 1.  Is it correct to leave it there?  If not how to change it. 

Thanks in advance for your help.

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1 Best answer

Accepted Solutions
DawnC
Employee Tax Expert

NY State Inflation doesn't show in line 8z Schedule 1

Yes, it is fine where it is on Line 1 of Schedule 1.  You don't need to do anything.   The federal tax is the same on line 1 and line 8.   As long as it was subtracted on your NY return, you are done..

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2 Replies
DawnC
Employee Tax Expert

NY State Inflation doesn't show in line 8z Schedule 1

Yes, it is fine where it is on Line 1 of Schedule 1.  You don't need to do anything.   The federal tax is the same on line 1 and line 8.   As long as it was subtracted on your NY return, you are done..

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

NY State Inflation doesn't show in line 8z Schedule 1

Thanks for the reply

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