Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How do I allocate other deductions to taxable and tax exempt income for NY? NYS IT-205 deducts full amount. using "State if Different" doesn't work.

wscannell
Level 1

Fiduciary income tax return -  I have other deductions allocated to taxable and tax exempt income on input screen 32. They are appropriately allocated on 1041 but not on NYS IT-205 where the full amount is deducted. However, total deductions on NY return calculates based on federal allocated other deductions. Entering the federal allocated amount in "State if Different" does not change NYS return. Federal return has been efiled and New York rejected with math error as NYS deductions don't add up to the total. Any suggestions?


0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
sjrcpa
Level 15

Could you get the correct result by using NY additions to or subtractions from income to adjust for these expenses?


Ex-AllStar

View solution in original post

0 Cheers
2 Comments 2
sjrcpa
Level 15

Could you get the correct result by using NY additions to or subtractions from income to adjust for these expenses?


Ex-AllStar
0 Cheers
wscannell
Level 1
Thanks but that did not work
0 Cheers