New York Income Factor calculation is wrong!

Forum|Forum|2 years ago
January 15, 2024
1 reply
0 views

It looks like TurboTax online is incorrectly calculating the way income is taxed earned in NY. I've added my income that i earned in NY (as a non NY resident). It says that i will get a refund of a few hundred dollars. However, once I add my wife's income of which none was earned in NY, suddenly we owe a little over one thousand.

Can anyone shed some light into this? Why is her income pushing us to actually owe to NY when all her income was earned in NJ. We are both NJ residents. I did the NY non resident first, i selected the amount i earned in NY and it shows correctly.

TurboTax Premier Online

PercyPenguin

NY taxation is fun! They tax your NY sourced wages based on the percentage of your wages that are earned from NY.

That being said, adding more income should reduce your NY percentage.

Revisit the NY return questions. There are a few and answering them incorrectly will result in your wife's wages being included.

Make sure you answer the "are all your wages NY sourced" as no and thus should give you the screens to allocate your and your spouses wages, and how much of those wages are NY sourced.