I have my second notice now from NYS and the way Lacerte handles the bond premium amortization is WRONG!  It's unfortunate they don't show the details and don't know how the calculation is working behind the scenes.

From what I can gather, any amount included in the "amortizable bond premium on tax-exempt bonds" looks like it will adjust the amount taxable or non-taxable to the state by 43% (where that's coming from i have no idea but trial an error tells me that 43% is how much it's shifting the numbers...)

My suggestion is to follow the multiple inputs route included above.