For a list of what does and does not constitute New York source income, plus other information, see: If you are a nonresident whose primary office is in New York State, your days telecommuting during the pandemic are considered days worked in the state unless your employer has established a bona fide employer office at your telecommuting location. "Retirement Plan FAQs Regarding Contributions - Are Retirement Plan Contributions Subject to Withholding for FICA, Medicare or Federal Income Tax?". The New York State Tax return, Form IT-201 is used not only for the state income tax, but for income tax for New York City and Yonkers, as well as the Metropolitan Commuter Transportation Mobility Tax (MCTMT). Take a look at the NY State Tax return. "Topic No. In fact, there are three distinct forms of income you may have, and a variety of different tax implications your income might have. Our opinions are our own. For 2018, the capital gains tax brackets are: Most stock dividends paid by U.S. companies are considered to be qualified dividends and are taxed at preferential rates, just like long-term capital gains. Since you are a Yonkers resident, you are not taxed in NYC. I feel like there should be a way to remove Yonkers all together but I am not seeing it. Kent County Septic Records, Texas Wanted List 2022, 2022 Ford Production Schedule, Articles W