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March 9, 2025
Question

Token #1285183 - please help

  • March 9, 2025
  • 1 reply
  • 0 views

Hello,

If someone could please advise it would be greatly appreciated. 

I mostly just need help understanding what to put in the "description column" as it's not clear what this amount refers to in the tool. Thank you!!! 

 

Token #1285183.

 

Because your residence changed during 2024, you must allocate your New York State adjustments of -$28,714 based on the time you spent as a resident of new York city. your NY State below must equal -$28,714.

    1 reply

    LenaH
    March 10, 2025

    The following will be entered on the Allocate New York State Adjustments Screen:

    1. TAXABLE AMOUNT OF PENSIONS & ANNUITIES         -24,362 (Federal Column)       -14,211 (NYC portion)
    2. TAXABLE AMOUNT OF SOCIAL SECURITY BENEFITS     -5,083 (Federal Column)        -5,083 (NYC portion)

    The allocation for your NYC portion came directly from the IT-360.1.  Please make sure you enter the numbers as a negative. 

     

    This should clear your error. 

     

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    ladrones Author
    March 10, 2025

    Hi,

    Not possible to clear the error because it doesn't add up to -$28,714. Your numbers add up to -$29,445.

    Thank you.