is sign-on bonus considered wages for services rendered in state?
Hi All,
I'm currently filing my NY state and city taxes, and it says that the state/city wages are only for services rendered within the state. Since I didn't actually work for the sign-on bonus (which was mailed to me outside of New York before I even started work with the company), can I deduct this from the City and State Gross income (i.e. Line 1 Column 2 on IT203 and Line1 Column B in IT 360)?
Here's some info on my W2:
Box 16 displays X dollars, where X = amount in Box 1, i.e. Fed wages while Box 18 displays (X-SB) dollars, where SB = sign-on bonus.
(Aside: On the instructions for the IT-203 form, it says that my state wages may not be necessarily equal to what's in Box 16.)
So, which of the following are allowed?
1) Use (X-SB) for both State and City Gross income (Line 1)
2) Use X for state and SB for City as suggested on W2
3) Use X for both State and City because there is a mistake on W2.
Thanks in advance for your help!
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