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Do I need to fill out 203b?

Do I need to fill out 203b?

You must complete Schedule C and attach Form IT-203-B to your return if you are claiming the college tuition itemized deduction.

What is a IT-203 form?

IT-203 (Fill-in) IT-203-I (Instructions) Nonresident and Part-Year Resident Income Tax Return; Description of Form IT-203. This is the only return for taxpayers who are nonresidents or part-year residents of New York State, whether they are itemizing their deductions or claiming the standard deduction.

How do you allocate wages in New York?

The easiest way in your case would be to allocate by percentage. Divide your NY earnings by the total earnings for this employer. Enter the percentage. Then continue through the rest of NY.

Should I fill out nonresident business allocation?

An allocation of business income must be made if you are a nonresident and you carry on business both in and out of New York State.

How to file Form it-203 for New York State?

Include the line 1p amount on Form IT-203, line 1, in the New York State amountcolumn. Schedule B – Living quarters maintained in New York State by a nonresident Complete a separate Schedule A for each job for which your wage and salary income is subject to allocation. Additional Schedule A sections are provided on page 3 of this form.

Do you have to file it-203-b if you pick ” by percent “?

If I pick the “by percent” method, there is no IT-203-B generated, and the instructions from IT-203 clearly say an IT-203-B is required to be filed if applicable. I suspect I’ll either have to apply the override or go with the “by percent” approach.

How to calculate New York State Allocation of wages?

Page 20 of the IT-203 instructions says: If you earned your salary or wages both inside and outside of New York State, you must determine the amount that is allocable to New York State. This is not necessarily the amount shown in the State wages, tips, etc. box on your Form (s) W-2.

When to ask for an allocation of wages?

When asking for allocation of wages, it only allows you to choose between allocating by percentage or allocating by number of days. This makes sense if you are salary but I am paid hourly (and in fact only worked 2 days, or 26.5 hours in NY).