Unreviewed Annotation 1 Contributor ?

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Another one that you’ve already calculated…

1040

1040A

1040EZ

  • Still the wrong form…

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Unreviewed Annotation 1 Contributor ?

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This is where you needed a pro to help you out (assuming that you are not an IRA expert). But that was in the past, right? You already have the number.

1040

1040A

1040EZ

  • Wrong form…

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Unreviewed Annotation 1 Contributor ?

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Another one that can only be on a 1040. If you filed a 1040A or 1040EZ, this probably does not apply!

1040

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1040

1040A and 1040EZ

  • Only in certain circumstances can you file a 1040A or 1040EZ with capital gains. You probably did not meet these. Go refile a 1040 and save yourself!

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Like many on the stock market, you sometimes dabble in stocks that pay a “dividend.” We’ll ignore the details on why. Regardless, this still counts as income, however small, and needs to be reported. Finding this information can be painful, but add it all up.

If your dividend gain is over $1,500, you will also need to fill out a Schedule B form,-Interest-and-Ordinary-Dividends).

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Unreviewed Annotation 1 Contributor ?

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Once again, a walk in the park…

1040

1040A

1040EZ

  • Sorry…you used the wrong form. Go…refile…

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The criteria is its own jungle, but you already did your federal taxes, right? Right?

1040

1040A

1040EZ

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You’ve done this…hopefully…

1040:

1040A

1040EZ

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Here we go, in flow chart form:

  • Do you live in NYC (including the boroughs) full time? Leave Item E blank*. If not, continue…

  • Did you spend more than 184 days in NYC during the year? Congrats! You might be considered a full-time resident! If you maintain (this means care for or primarily use, so business-supported condos count) a place for more than 11 months, even if you visit the city only 185 days and never the place, you are a full-time resident. Leave Item E blank.

  • If neither of the above apply and you maintain a place in NYC (again, owning/living in it does not matter, only the primary user) and spend less than 184 days in NYC, fill in the correct values.

Once again, sorry Albany.

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Guess what: all of the boroughs count! So if you stash out in Brooklyn, the Bronx, Queens, Manhattan, or Staten Island at least part of the year, jot in the number of months.

Sorry, Niagara – this is not for you.

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