[gallaghk]

NY, Non-resident IT 203 required. Partnership K-1 received for line 7 royalties and line 13L deductions related to portfolio income. On IT 203, Federal Amount and NY amount, there's a line for listing the income, Royalties for NY, but not the deductions related to that income. I know the deductions are included in Fed Sch A, but I see no way to link them to the NY income (only income for the state). I cannot seem to find if these deductions can be shown Net on IT 203 or not. Thanks for your assistance. Kathy

[AtlantaTaxExpert]

I am applying common sense here, but if the expenses can be deducted on the IRS Schedule A under Miscellaneous Deductions, then, logically, those same deductions can be claimed on Line #7 of the NY Form IT-201-D.

[gallaghk]

Thank you. Not sure I can use this as we are non-residents. Will try again.