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-   -   NYC Taxable Income for NJ 1040 Credit (https://www.askmehelpdesk.com/showthread.php?t=336249)

  • Mar 31, 2009, 11:29 AM
    MIBOO7
    NYC Taxable Income for NJ 1040 Credit
    Hi,

    I am full year resident to NJ and have NY as well as NJ income.

    When computing tax credit on NJ 1040 form for NY taxes, which line from NY IT-203 form do I use to report income taxed by NY

    Do I use line 31 (Column of New York) or line 36, which is use to calculate Base Tax of NY.

    I user TaxAct and the support team confused me a lot and is not telling me to use Line 36 (which I know includes both NJ & NY income).

    Please help
  • Mar 31, 2009, 11:45 AM
    ebaines

    You use the New York State Amount from line 31 of IT-203 to report the "income taxed by the other jurisdiction" on NJ's Schedule A, line 1.

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