Transcript Slide 1

Module NJ 2.5
New York State
Non-Resident
Joe McFadden
Final 11-15-2008
NJ Training TY 2008
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W-2 With New York Wages
 When? Only income is from W-2 Wages
and Withholding
 Sequence of Tax Returns Preparation:

1. Federal 2. New York
3. New Jersey
 Input “NY” in Non-Resident box on Main
Info
 When entering data on W-2 TaxWise
screen, enter “NY” in State Box vs “NJ”
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NJ Training TY 2008
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New York Return NY-IT-203
 On page 4, line 74 enter “NO” regarding
maintaining living quarters in NY
 Refund Section – Check appropriate box
 Check Page 2 for automatic entries from
Federal input
NY Additions, line 20-22
 NY Subtractions, line 24-29
 NYS Itemized Deductions line “a” to line “n”
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New Jersey Return
 Bring up NJ Schedule A screen entitled
“Credit For Income Taxes Paid To Other
Jurisdictions”
Line 1 Insert NY Wages per W-2 (Line 1 of NY IT203) and enter “NY”
 Line 9a Insert Total Tax Liability per NY Return
(Line 50 on NY IT-203)
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 NJ 1040 line 39 now shows credit for tax paid
to NY.
 Insert “32” in Other Jurisdiction Code block
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414H Withholding on NY W-2
 If NY W-2 box 14 shows an amount for
“414H”, enter it as “414HSUB” to have it
included in NY taxable income

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This amount is excluded from Federal Income
but is taxable in NY as Income
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