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You or your spouse do NOT count!

Head back to Item H, where you logged your dependents. Not counting you or yourself, add one for each dependent you claimed. Write that in.

Amazingly, New York counts this differently than the federal government. It must be a joke.

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So begins the math:

40 – NYS household credit

41 – Resident credit

42 – “Other”

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Head to page 6-9 and see if anything else counts. Look for the non-refundable credits – the ones you cannot cash out as a refund. If you use another form to figure these out (usually the IT-201-ATT), attach them with the return!

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More fun. Let’s start easy: if you marked “yes” on Item C (you can be claimed as a dependent), skip this question!

If you said no…you’ll have to use some annoying tables. Here’s the setup.

Single – Table 1
Married filing separately – Table 3
Married filing jointly – Table 2
Head of household – Table 2
Widower – Table 2

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If you earned income outside of New York and paid taxes on it, it gets harder. You’ll have to fill out a IT-112-R form and use it to compute the credit you receive for already having paid tax on some of your income. Whoo! Free(ish) money!

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This is easier than it looks. Another flow chart.

  • Did you take the standard deduction on your federal taxes? Then take it here. Done. Check the table at the bottom for which number to write in.

  • Did you itemize? You can do the same here – complete worksheet IT-201-D. Now, compare the number from the IT-201-D to the numbers below, based on your filing status (single, etc.). Take the biggest one between the standard deduction for your filing status and the number you got on IT-201-D. Write that in.
     

Single and said “yes” on **Item C = $ 3,000

Single and and said “no” on **Item C = $7,500

Married filing jointly = $15,000

Married filing separately = $7,500

Head of household (with qualifying person) = $10,500

Qualifying widow(er) with dependent child = $15,000

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Now here’s the meat – you’ve gone from your federal adjusted gross income to your state adjusted gross income. And that’s just gross.

Take the total back at Line 24 – the combination of additions and the federal adjusted gross income. Now, subtract Line 32 – your total “subtractions.” Now jot this down – you’re halfway done!

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They ran out of space on the form and dumped all of the more random reasons to save money onto another form. Check out the list – chances are, one of these actually applies!

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With the mix of good Xbox gaming technology and wireless Internet hookups, you can play and browse online, anywhere, with anyone. Curren$y is a well known fan of games, taking his kit to the Bahamas and taking the time to “update” the virtual NBA game rosters that match real world lineups. It’s a good future.

Pau Gasol was removed from the NBA 2K13 Lakers team, matching his real life injury.

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