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    MIBOO7's Avatar
    MIBOO7 Posts: 6, Reputation: 1
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    #1

    Mar 31, 2009, 11:29 AM
    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
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 31, 2009, 11:45 AM

    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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