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alisavelic05
April 11, 2025
Question

I am a CT resident but work in NY, so I file 2 states taxes. CT resident and NY non-resident. I have capital gains. Why is this considered income on NY form?

  • April 11, 2025
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    Vanessa A
    April 11, 2025

    It doesn't.  When you walk through the steps of the NY NON resident return, you will see a spot that says adjustment to income.  It will allow you to remove the capital gains that were not NY sourced in this section. 

    The reason is appears to start is that NY starts with your federal income and then you make adjustments from there. 

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