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February 2, 2024
Question

Allocated Income Based on Business

  • February 2, 2024
  • 1 reply
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I am not sure how to respond to this category.  I was an executive assistant working in NYC, but residing in New Jersey.  Does this apply to me as a non-resident of New York.

1 reply

AmyC
Employee
February 2, 2024

If you owned a business and sold in NY, it would apply to you. As an employee, your options are 100% NY income, # of days in NY or by percentage. If for example you made $16,000 in NY and $32,000 for the year for this company, you could allocate the 16,000/32000 =1/2 or 50%

 

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